Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Comfort Inn Cedar City, UT 84720

    • Hospitality properties
    • 1 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hospitality properties

    Property Details for 0 Comfort Inn

    Property size
    1 SF
    Property type
    Hospitality properties
    Property subtype
    Hotels

    Description

    This exceptional 89-key Comfort Inn & Suites hotel presents a lucrative investment opportunity in Vernal, Utah. Located conveniently near the Dinosaur National Monument and just 20 miles from the Colorado border, this property benefits from its proximity to a major tourist attraction and the robust economy of an oil town. The hotel boasts a strong track record of increasing revenue, with room revenue reaching $962,111.32 in 2021, $1,408,000 in 2022, and a remarkable $2,007,834 in 2023. This demonstrates significant growth potential and a healthy return on investment. The property is in excellent condition and offered as a fee simple interest. Detailed profit and loss statements are available for 2018, 2019, 2020, and 2021, providing comprehensive financial transparency for potential buyers. This turnkey operation is situated in Iron County, Utah, with a convenient address in Vernal, zip code 84720. The property's location east of Salt Lake City offers easy access to major transportation routes and a thriving regional market. This is a rare chance to acquire a well-established, high-performing hotel in a prime location with substantial growth potential. Contact us today to learn more about this exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.078
    Latitude
    37.6562

    Comparable in this City

    • Value Estimation by Request

      5254 Ut-56

      Land
      5254 Ut-56, Cedar City, UT 84720
      View Details
    • Value Estimation by Request
      1.00 Acre

      Cedar City, UT 84720

      VACANT COMMERCIAL LAND • 1.00 Acre
      Cedar City, UT 84720
      View Details
    • Value Estimation by Request
      0.15 Acres

      Cedar City, UT 84720

      VACANT COMMERCIAL LAND • 0.15 Acres
      Cedar City, UT 84720
      View Details
    • Value Estimation by Request
      0.10 Acres

      Cedar City, UT 84720

      VACANT COMMERCIAL LAND • 0.10 Acres
      Cedar City, UT 84720
      View Details
    • Value Estimation by Request
      0.17 Acres

      Cedar City, UT 84720

      VACANT COMMERCIAL LAND • 0.17 Acres
      Cedar City, UT 84720
      View Details
    • Value Estimation by Request
      15.44 Acres

      4660 Hwy 56

      COMMERCIAL (GENERAL) • 15.44 Acres
      4660 Hwy 56, Cedar City, UT 84720-6705
      View Details

    Similar Nearby for Sale

    • $55,000

      Old Irontown Land: Secluded .66 Acre Lot

      Build your dream home in peaceful Utah setting.
      17932 Meadow Dr, Cedar City, UT 84720
      View Details
    • Contact for pricing

      Prime Cedar City Industrial Land

      75 Acres, Three Buildings Planned
      5254 Ut-56, Cedar City, UT 84720
      View Details
    • Contact for pricing
      542,758 SF

      Prime Cedar City Office Campus

      12 Acres, 542,758 SF Office Space
      4800 Ut-56, Cedar City, UT 84720
      View Details
    • $2,400,000
      10,800 SF

      Industrial Property Near Cedar City Airport

      Warehouse with room to build, near Cedar City Airport.
      611 Aviation Way, Cedar City, UT 84720
      View Details
    • $165,000
      0.75 Acres

      Spacious Lot in 4B Ranch

      0.75-acre lot with animal rights and stunning views.
      3 4B Rnch, Cedar City, UT 84720
      View Details
    • $6,000,000
      60.00 Acres

      Commercial Land in Cedar City

      60 acres of flat commercial land near South Interchange.
      6037 W 4000 S, Cedar City, UT 84720
      View Details

    Similar Nearby for Lease

    • $1.25 SF/Yr
      110,125 SF

      Downtown Retail Space For Rent

      Large retail space with high traffic and open floor plan.
      114 N Main St, Cedar City, UT 84720
      View Details
    • $40 SF/Yr
      2,325 SF

      New Retail Center Development

      New retail center with customizable spaces, available for prelease.
      Main St, Cedar City, UT 84720
      View Details
    • Contact for pricing
      134,165 SF

      Greens Lake Corner Retail Center

      Prime Cedar City Retail Opportunity
      91 & Grn Lk Dr, Cedar City, UT 84720
      View Details
    • $1,000 /Mo
      1 SF

      Commercial Land For Rent

      Fenced and graveled commercial land available for rent.
      940 South Main St, Cedar City, UT 84720
      View Details
    • Contact for pricing
      215,400 SF

      Cedar City Industrial Warehouse

      ±215,400 SF Manufacturing Facility, 23 Acres
      2695 Ut-56, Cedar City, UT 84720
      View Details
    • $0.75 SF/Yr
      2,332 SF

      Retail Space Available For Rent

      Retail space available for lease.
      60 W 900 N, Cedar City, UT 84720
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Comfort Inn
    Cedar City, UT 84720
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.