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Designable Flex Warehouse Units

A-b-814 N 2475 W Cedar City, UT 84720

A-b-814 N 2475 W, Cedar City, UT, 84720
$679,000
For Sale
$679,000

Units feature reinforced concrete slab, insulated garage doors, and fenced rear yard space.

Property Size6,000 SF
Price / SF$113.17
Days on Market12

Property Features for A-b-814 N 2475 W

General Information

Standard status
Active
Size
6,000 SF
Listing agency Prestige Realty
Listed by Jennie Hendricks · License #5483612
Source Exprealty
Added: Jul 10 Updated: Jul 21 at 10:33AM Checked: Jul 21 at 10:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prestige Realty


Investment Insights

Based on property information with market context.

A designable flex warehouse property offering multiple unit sizes, including 1,500 SF, 3,000 SF, 4,500 SF, and 6,000 SF options. Each unit includes loft areas and a reinforced 6-inch concrete slab, along with insulated garage door access (one 10' x 14' and one 10' x 10' per unit). Interior improvements include a full finished bathroom and an interior LED light package, while the exterior includes outside LED security lights covering the total perimeter.

Operational features are well-suited for a wide range of industrial and flex users. Each unit has natural gas service, hot and cold water spigots, and a 200 Amp single-phase electrical panel with two 50 Amp 220V outlets. Ceiling heights include an 18' eave height and 23' ceiling height at the center ridge. A 25' x 20' rear fenced yard is included with each unit.

The property is offered for sale and each unit provides a combination of drive-through-ready garage door access, interior flex space, and secured outdoor storage within the fenced yard area.

Key Highlights

  • Multiple unit sizes available: 1,500 SF, 3,000 SF, 4,500 SF, or 6,000 SF
  • Completely designable interior and loft areas
  • Reinforced 6'' concrete slab in each unit

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $67.0k $11.16
− Vacancy −$937 −$0.16
EGI $66.0k $11.00
− OpEx −$9.9k −$1.65
NOI $56.1k $9.35
6,000 SF · lease $11.16/SF/yr · vacancy 1.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$801.7K
$701.5K – $935.3K (±1% cap)
NOI $56,119 @ 7.0% cap · market cap 8.26%
Second Best
Industrial
$660.2K
$577.7K – $770.3K (±1% cap)
NOI $46,216 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,777 @ 7.0% cap · market cap 12.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Dental Office Law Firm Real Estate Agency Hair Salon Nail Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Units feature reinforced concrete slab, insulated garage doors, and fenced rear yard space.
Where is this flex space located?
The property is located at A-b-814 N 2475 W Cedar City, UT.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Multiple unit sizes available: 1,500 SF, 3,000 SF, 4,500 SF, or 6,000 SF; Completely designable interior and loft areas; Reinforced 6'' concrete slab in each unit
Contact an agent
More about this property
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