Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    7379 3400 Cedar City, UT 84721

    • Land
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 7379 3400

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional one-acre lot, located in the desirable Cedar Valley Acres subdivision of Cedar City, Utah, presents a unique opportunity for building your dream home. Boasting breathtaking views in all directions, this flat lot offers a tranquil escape from city life while remaining conveniently located. The property's address is 7379 N 3400 W, Cedar City, UT 84721, situated in Iron County. The lot size is approximately one acre, providing ample space for a substantial residence and landscaping. Currently, utilities are not available on the property. This is an ideal location for those seeking a quiet, secluded setting with expansive views. The asking price is $35,000, and the seller is willing to consider seller financing, making this an attractive option for various buyers. All offers will be considered. The MLS number is 99583. Don't miss this chance to own a piece of this beautiful Utah landscape.

    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
    -113.066
    Latitude
    37.7018

    Comparable in this City

    • Value Estimation by Request
      1.25 Acres

      6341 3900

      Land • 1.25 Acres
      6341 3900, Cedar City, UT 84721
      View Details
    • Value Estimation by Request
      61.44 Acres

      Parcel D-0493-0000-0000

      Land • 61.44 Acres
      0 Parcel D-0493-0000-0000, Enoch, UT 84721
      View Details
    • Value Estimation by Request

      7309 3400

      Land
      7309 3400, Cedar City, UT 84721
      View Details
    • Value Estimation by Request
      0.56 Acres

      3789 170

      Land • 0.56 Acres
      3789 170, Enoch, UT 84721
      View Details
    • Value Estimation by Request
      0.34 Acres

      340 2100

      Land • 0.34 Acres
      340 2100, Cedar City, UT 84721
      View Details
    • Value Estimation by Request

      3316 Indigo St

      Land
      3316 Indigo St, Cedar City, UT 84721
      View Details

    Similar Nearby for Sale

    • $900,000
      61.44 Acres

      Enoch Land: 61 Acres

      Prime Utah residential land, city water access.
      0 Parcel D-0493-0000-0000, Enoch, UT 84721
      View Details
    • Contact for pricing
      0.64 Acres

      Cedar City Retail Building - N Main St

      Prime Retail Space, Drive-Thru, High Visibility
      0 Main St 991, Cedar City, UT 84721
      View Details
    • $5,211,518
      9.97 Acres

      Prime Cedar City Commercial Land

      9.97 Acres, High Visibility, Zoned Commercial
      0 9.97 Ac. Main St. & Cyn Ctr Dr, Cedar City, UT 84721
      View Details
    • $35,000

      Land For Sale Cedar City

      Land available for purchase in Cedar City, Utah.
      5730 N 3725 W, Cedar City, UT 84721
      View Details
    • $69,500

      Land For Sale Cedar City

      Land available for purchase in Cedar City, Utah.
      Cedar City, UT 84721
      View Details
    • $125,000

      Acre Land Parcel For Sale

      One acre land parcel with utilities stubbed and paved roads.
      6661 N #Block K, Cedar City, UT 84721
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      58,487 SF

      Enoch, UT Commercial Development

      Prime Retail & Restaurant Space, Utah
      4600 Minersville Hwy, Enoch, UT 84721
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Commercial land available for lease, drive-thrus possible.
      1700 E Canyon Commercial Ave, Cedar City, UT 84721
      View Details
    • $2 SF/Yr
      9,105 SF

      New Retail Center For Rent

      New retail center with grease trap access and vanilla shell.
      355 East 3000 North, Cedar City, UT 84721
      View Details
    • $1.00 SF/Yr
      3,275 SF

      Cedar City Flex Space Available

      Flex space with mezzanine and rollup doors for lease.
      630 N 800 W, Cedar City, UT 84721
      View Details
    • $1,499 /Mo
      87,120 SF

      Secured Parking Lot for Lease

      Two-acre fenced parking lot with gated access for lease.
      547 N 5675 W, Cedar City, UT 84721
      View Details
    • $0.95 SF/Yr
      16,123 SF

      Downtown Office/Flex Space Available

      Downtown office/flex space with rollup door and open layout.
      369 N 100 W, Cedar City, UT 84721
      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.
    7379 3400
    Cedar City, UT 84721
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.