700 5400 Cedar City, UT 84721
This exceptional 2,500-square-foot warehouse condo unit, located at 700 N 5400 W in Cedar City, Utah, presents a fantastic owner-user opportunity. Built in 2023, this modern space boasts a 16-foot ceiling height, providing ample storage and operational flexibility. The unit includes a dedicated office area and restroom, enhancing functionality and convenience. Two ground-level doors ensure efficient loading and unloading. The property features 3-phase power, essential for many industrial operations. Zoned M-1 (Light Industrial), this unit is ideally suited for a variety of businesses. The location offers easy access to Interstate 15 and is just five minutes from the Port of Utah/Commerce Center, providing excellent logistical advantages. This is a NNN lease, with a multi-tenant configuration. The asking price is $450,000, translating to $180 per square foot. This represents a portion of a larger development, with additional 2,500 square foot units available for purchase. The property is part of a larger development with two 5,000 square foot buildings, each divisible into two 2,500 square foot units. The entire development offers a total of four 2,500 square foot units. This is an ideal opportunity for businesses seeking a modern, well-located warehouse space in a rapidly growing area. The zip code is 84721, and the property is situated in Iron County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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