Amber Industrial Park-Lot 9
Incredible I&M-1 subdivision located on Lund Hwy Just of Hwy 56. Location is Everything.
Marketing description
Prime I & M-1 Lots for Sale - Fully Equipped with Utilities Discover the perfect opportunity with these high-quality I & M-1 zoned lots, ideal for industrial and manufacturing use. Located in a prime area with easy access to major roads, these lots offer a range of essential utilities: City Water - Reliable municipal water supply. City Sewer - Fully connected to the city sewer system. Natural Gas - Access to natural gas for efficient energy use. 3-Phase Power - Equipped with 3-phase electrical service, ideal for heavy machinery and equipment. These lots are ready for development and offer a solid foundation for your business needs, from manufacturing and warehouses to distribution centers. Don't miss out on this rare opportunity to invest in a fully serviced property!
Investment highlights
- Amber Industrial Park is located in Cedar City's Opportunity Zone
Benefits: The initial OZ 1.0 tax incentive program provided significant tax deferrals and step-ups, particularly if investments are held over a 10-year period.
Timeline: The original OZ 1.0 map and benefits remain in effect through December 31, 2028.
- Transition: The program is now permanent. The newer OZ 2.0 rules offer varying deferral lengths and basis step-ups. [1, 2, 3, 4]
- Does allow for office spaces related to the industrial operation.
- Generally lower land costs than commercial zone.
- Utility infrastructure (e.g. power, sewer, gas) is usually designed to support high-demand operations.
- Located near highways, rail lines, or truck routes.
- Designed for easy truck access, loading docks, and delivery bays.
- Fewer design restrictions than residential or commercial zones.
- Can typically accommodate larger buildings, higher ceilings, and outdoor storage.
- Some I&M-1 zones allow for limited commercial uses, such as showrooms, retail outlets tied to the manufacturing business, or ancillary office space.
- Allows light manufacturing, assembly, fabrication, warehousing, and distribution uses.
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