941 Main St Cedar City, UT 84721
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.