888 5300Cedar City, UT 84720

  • Other commercial real estate
  • 57.42 AC
For Sale
$27,000,000 View listing

Property Details for 888 5300

Lot size
57.42 AC
Property type
Other commercial real estate
APN
B-1703-0000-0000
APU
B170300000000

Description

This exceptional 269,000-square-foot manufacturing and warehouse facility, situated on a substantial 57.42-acre lot in Cedar City, Utah, presents a compelling investment opportunity. Built in 2001, the Class B building boasts a single story with a 40-foot ceiling (sloping to 30 feet), offering ample space for various industrial operations. The property features 16 loading docks and 4 dock-high doors, complemented by a drive-through bay and remarkable rail access via three rail-served doors. The robust infrastructure includes a 12.5-megawatt owned substation, ensuring ample power for heavy industrial needs. Fifteen cranes, ranging from 5 to 30 tons, enhance operational efficiency. The property's zoning (I & M1 - Industrial & Manufacturing) allows for diverse uses. Its strategic location near Cedar City Airport, Interstate 15, Route 56, and Route 130 provides excellent accessibility. An active Union Pacific rail spur offers direct access to western seaports, further enhancing logistical capabilities. The site also includes 3.8 acres of paved and secured yard space, providing additional storage and maneuvering areas. The asking price is $27,000,000, translating to $100.37 per square foot. This property is ideal for businesses seeking a large-scale, well-equipped industrial space with exceptional rail access and ample room for expansion. The APN is B-1703-0000-0000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $767,096,768
    Hospitality
    $702,656,512
    Educational
    $584,601,984
    Medical
    $604,707,328
    Retail
    $909,380,864
888 5300, Cedar City, Utah

Location Insight

City
Cedar City
County
Iron
State
Utah
Latitude
37.694
Longitude
-113.158
CBSA code
16260
CBSA name
CEDAR CITY, UT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$73,754
$8,216,045
$1,036,700
$9,252,745
-
$1,036,700
$8,216,049
$9,252,749

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