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Property profile & analytics
FOR SALE
Commercial real estate
601 W 2675 N Cedar City, UT 84721
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US86-0944399
For Sale
1 / 24
$774,900
601 W 2675 N, Cedar City, UT 84721
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.33 ac (14,375 SF)
APN
B-1534-0002-0001
UPID
US86-0944399
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
Current use
Occupant on record · Public records
-
SELMAQ, INC Food Processing Plant
-
Urieco Construction, Inc Construction Company General Contractor
-
Menarg Food Processing Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Edgardo Duque · 3 yrs held
Edgardo Duque
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cedar City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,806
Tax year 2023
Assessed value
$352,020
Assessed 2023
Previous assessed
$325,253
+8.2% YoY
Effective rate
0.80%
On assessed value
Assessed land
$294,525
Assessed improvement
$57,495
Land market value
$57,499
Improvement market value
$294,529
Total market value
$352,028
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Lot
0.33 ac (14,375 SF)
APN
B-1534-0002-0001
UPID
US86-0944399
Jurisdiction
IRON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Lot
0.33 ac
Current owner
From public records · entity-resolved
Edgardo Duque
Individual
Mailing address
402 N SKYLINE DR, CEDAR CITY, UT 84721-3728
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2023
—
Edgardo Duque
Utah Independent Bank
Warranty Deed
$709,154 · Utah Independent Bank
Feb 16, 2023
—
Utah Independent Bank
First Empanada Factory INC
Trustees Deed
related
—
Apr 6, 2021
—
First Empanada Factory INC
—
Deed
related
$433,302 · Utah Independent Bank
May 6, 2019
—
First Empanada Factory INC
—
Deed
related
$192,805 · Utah Independent Bank
Dec 6, 2018
—
First Empanada Factory INC
Doug Urie
Warranty Deed
$274,900 · Cedar Land Title INC
Sep 22, 2011
—
Doug Urle
Md Disaster INC
Warranty Deed
—
Aug 31, 2011
—
Md Disaster INC
Doug Urie
Warranty Deed
$253,242 · State Bank Of Southern Utah
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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