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550 N BLUE RD photo 11 / 17

$275,000

550 N BLUE RD, Cleveland, UT 84518

Subtype

Industrial

Building SF

$/SF

Lot

6.64 ac

Property Details

Property typeCommercial Sale
SubtypeIndustrial
Building SF
Year built1997
Lot size6.64 acres
Current useIndustrial
Taxes (annual)$1,356
Days on market7
Listed2026-08-18T00:00:00+00:00

Description

Bring your vision and unlock the potential of this exceptional commercial property! Situated on approximately 6.64 acres, this expansive property offers over 20,000 square feet of building space, providing an incredible amount of room for a new business, owner-user, investor, or redevelopment opportunity. The property offers a substantial footprint and versatile space that can be adapted to a variety of business uses. Whether you're looking to establish a new operation, expand an existing business, create warehouse or industrial space, or explore other commercial possibilities, this property provides the size and land to make it happen. The list price reflects the current condition of the building and the need for some TLC, offering a buyer the opportunity to make improvements and customize the property to fit their specific needs while adding value along the way. The generous 6.64-acre site provides additional flexibility and room for parking, equipment, storage, expansion, or future improvements, subject to applicable zoning and approvals. Opportunities of this size and scale don't come along often. If you're a business owner or investor looking for a property with substantial square footage, acreage, and upside potential, this is one worth taking a closer look at. Bring your ideas, bring your vision, and explore the possibilities this property has to offer!

Listed by Carla Saccomano · RE/MAX Bridge Realty

Location

550 N BLUE RD, Cleveland, UT 84518

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% ($7,772)
Effective gross income$22,206/yr
Operating expenses$7,772/yr
Derived NOI$14,434/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.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/25/2026, 6:12:33 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.