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    Main St 941 Cedar City, UT 84721

    Sponsored
    For Sale
    Contact for pricing

    New 9,890 SF retail building, prime location.

    Property size:
    9,890 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property presents a unique investment opportunity in the thriving Cedar City, Utah market. Located on Main Street at 941 N Main St, 84721, this nearly completed, single-story building boasts 9,890 square feet of net rentable space, perfectly suited for a variety of retail uses. Built in 2024, the structure sits on a 0.64-acre lot and is zoned for commercial use, offering excellent visibility and accessibility. The design incorporates a convenient drive-through feature, enhancing operational efficiency and customer convenience. The building is adaptable to single-tenant occupancy or can be easily divided into up to three separate spaces, providing flexibility for diverse business needs. Estimated completion is June 2024. This prime location on Main Street ensures high traffic volume and excellent exposure to potential customers. Furthermore, an adjacent 0.93-acre commercial lot is also available for purchase, presenting an opportunity to expand the property or develop additional commercial space. The asking price for this exceptional retail building is $1.42 million. Don't miss this chance to secure a prominent commercial property in a rapidly growing area.

    Property Features for 0 Main St 941

    General Information

    Property type
    Land
    Square Feet
    9,890 SF
    Lot Size
    27,878 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    HighLights

    • 9,890 SF single‑story retail building in Cedar City, UT.
    • Located at 941 N Main St, 84721, on a 0.64‑acre lot.
    • Nearly completed (estimated June 2024 completion), with a drive‑through.
    • Zoned commercial, adaptable to single or multi‑tenant occupancy (up to three spaces).
    • Adjacent 0.93‑acre commercial lot also available.
    • Asking price: $1.42 million.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.0634193
    Latitude
    37.7039528

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    FAQs

    What type of property is this?
    Land - New 9,890 SF retail building, prime location.
    Where is this land located?
    The property is located at Main St 941 Cedar City, UT.
    What is the asking price?
    The asking price for this property is $1.42.
    What are key features of this property?
    This property features: 9,890 SF single-story retail building in Cedar City, UT.; Located at 941 N Main St, 84721, on a 0.64-acre lot.; Nearly completed (estimated June 2024 completion), with a drive-through.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Main St 941 Cedar City, UT 84721
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