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$2,550,000

1490 S PROVIDENCE DR, Cedar City, UT 84720

Subtype

Retail

Building SF

—

$/SF

—

Lot

5.58 ac

Property Details

Property typeCommercial Sale
SubtypeRetail
Building SF—
Year built2026
Lot size5.58 acres
Current useRetail
Taxes (annual)$16,868
Days on market1
Listed2026-10-19T00:00:00+00:00

Description

Position your next commercial venture in the heart of Cedar City's established Providence Center shopping district. Located at 1490 S Providence Center Drive, this 5.58-acre parcel sits next to Home Depot and Deseret Industries, with Walmart and a variety of national retailers, restaurants, and services nearby. Convenient access to I-15 at Exit 57 and connections to Providence Center Drive and Cross Hollows Road make this location an attractive opportunity for developers, investors, and businesses seeking a presence in Southern Utah. Bring your plans and discover the possibilities at Providence Center.

Listed by Michelle Jorgenson · ERA Realty Center Inc

Location

1490 S PROVIDENCE DR, Cedar City, UT 84720

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

—

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($72,069)
Effective gross income$205,913/yr
Operating expenses$72,069/yr
Derived NOI$133,843/yr

Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/20/2026, 9:46:42 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.