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Property profile & analytics
OFF-MARKET
Land

1700 Canyon Commercial Ave Cedar City, UT 84721

Property ID
Property summary
AI-generated overview

This exceptional 1.25-acre commercial land parcel presents a unique investment opportunity in the thriving Cedar City, Utah market. Located at 1700 E Canyon Commercial Ave, this property boasts a highly desirable Central Commercial (CC) zoning designation, opening doors to a wide array of development possibilities. The expansive lot offers ample space for a variety of commercial ventures, and a key advantage is the availability of drive-thru options, ideal for restaurants, banks, or other businesses that benefit from convenient customer access. The anticipated delivery date is slated for the fourth quarter of 2024, providing ample time for planning and construction. Situated in Iron County, Utah, with a zip code of 84721, this property benefits from excellent visibility and accessibility. The listed price is $18 per square foot, representing a compelling value proposition in this rapidly growing area. This is an exceptional chance to acquire a strategically located parcel of land with significant potential for future growth and profitability. The property's location offers easy access to major transportation routes and is surrounded by a vibrant commercial landscape. Don't miss this opportunity to secure a prime piece of Cedar City real estate. Detailed site plans and zoning information are available upon request.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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