888 5300Cedar City, UT 84720
- Other commercial real estate
- 57.42 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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