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Green Lakes Dr - Green Lakes Commercial Development

5.98 Acres of Commercial Land Offered at $3,907,300 in Cedar City, UT 84720

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Investment Highlights

Visibility from I-15
Flat and easily developable.

Close to many amenities

Executive Summary

Welcome to an exceptional investment opportunity in Cedar City! This expansive 5.98 acre parcel is perfectly situated just off the south interchange of I-15, offering amazing visibility and ease of access. Zoned for unimproved commercial use, you could apply for a zone change for mixed use or residential. This is a blank canvas to bring your vision to life. Whether it is a retail center, office complex or hotel development. With it's ''PRIME'' location near the bustling I-15 corridor, this property promises high traffic exposure, making it ideal for a wide range of commercial ventures. Cedar City's growing economy and strategic position in Southern Utah makes this the perfect time to capitalize on its potential. Let your imagination soar with this prime commercial property!

Property Facts

Price	$3,907,300	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Auto Repair Bank Bowling Alley Carwash Community Center Convenience Store Daycare Center Department Store Distribution Drugstore Fast Food Garden Center General Freestanding Healthcare Health Club Hold For Development Hold For Investment Hotel Lodge or Meeting Hall Motel Movie Theater Movie, Radio or Television Studio Office Park Outlet Center Planned Unit Development Research and Development Rehabilitation Center Restaurant Retail Warehouse Self Storage Service Station Single Family Development Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Theater or Concert Hall Trailer or Camper Park
Sale Conditions	1031 Exchange	Total Lot Size	5.98 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$3,907,300
Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Auto Repair Bank Bowling Alley Carwash Community Center Convenience Store Daycare Center Department Store Distribution Drugstore Fast Food Garden Center General Freestanding Healthcare Health Club Hold For Development Hold For Investment Hotel Lodge or Meeting Hall Motel Movie Theater Movie, Radio or Television Studio Office Park Outlet Center Planned Unit Development Research and Development Rehabilitation Center Restaurant Retail Warehouse Self Storage Service Station Single Family Development Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Theater or Concert Hall Trailer or Camper Park
Total Lot Size	5.98 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$3,907,300	Lot Size	5.98 AC
Price Per AC	$653,395

Price	$3,907,300
Price Per AC	$653,395
Lot Size	5.98 AC

5.98 Acres of Prime Commercial property just off Exit 57 (South Interchange) of I-15 in Cedar City Utah. Flat unimproved commercial ground ready for your imagination!

Description

Flat Commercial Land.

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PROPERTY TAXES

Parcel Number	B-1384-0000-0000	Improvements Assessment	$0
Land Assessment	$574,880	Total Assessment	$574,880

PROPERTY TAXES

Parcel Number

B-1384-0000-0000

Land Assessment

$574,880

Improvements Assessment

Total Assessment

$574,880

zoning

Zoning Code	Commercial Land (Currently Zoned as Commercial Land, unimproved. Could be re-zoned to fit just about anything one could imagine.)
Commercial Land (Currently Zoned as Commercial Land, unimproved. Could be re-zoned to fit just about anything one could imagine.)