0 9.97 Ac. Main St. & Cyn Ctr Dr Cedar City, UT 84721
This exceptional 9.97-acre vacant commercial land parcel presents a remarkable investment opportunity in Cedar City, Utah. Strategically located on the east side of Main Street, near the crucial north I-15 interchange, this property boasts unparalleled visibility and accessibility. The lot enjoys significant Main Street frontage, ensuring maximum exposure for any future development. Its central commercial zoning allows for a wide range of commercial uses, making it highly versatile and attractive to potential developers. All essential utilities are readily available, simplifying the development process and minimizing upfront costs. The property's size and prime location make it ideal for a variety of commercial projects, from retail centers and restaurants to office buildings and light industrial facilities. Given its high-traffic location and excellent zoning, this land offers significant potential for substantial returns. The address is 9.97 ac. Main St. & Canyon Center Dr., Cedar City, UT 84721. The asking price is $5,211,518. This is a rare opportunity to acquire a premier commercial property in a rapidly growing area. Don't miss out on this exceptional chance to secure a piece of Cedar City's vibrant commercial landscape.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.