Commercial Land with Mixed-Use
For Sale
$364,815
1406 Adair Court SW lot 3, Cedar Rapids, IA 52404
Land/Lot/Farm, Cedar Rapids, IA
Property SizeContact for details
Lot Size1.34 Acres
Days on Market712
Property Features for 1406 Adair Court SW lot 3
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
ILI
Lot features
Gentle Roll
Directions
380 S to Wright Bros Blvd exit, W on Wright Bros Blvd to Welty Park Ln SW, turn Lt (S) on Welty Park Ln SW
Subdivision
SW Quadrant
Standard status
Active
APN
192920100300000
Lot size
1.34 Acres
Taxes and HOA fees
Tax Description
A.P. #308 EX RD str/lb A
Tax Annual Amount
732
Legal Description
A.P. #308 EX RD str/lb A
Listing Agency:
Pinnacle Realty LLC
(319) 393-0900
Listed By:
Trev Adair · License #322502720
(319) 350-9476
Added: Sep 26, 2024
Changed: Aug 19
Last Checked: Sep 7 at 8:06PM
MLS# 2406782
Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.34-acre commercial land parcel carries ILI zoning, identified as Commercial Mixed Use. The designated use profile includes retail, office, industrial, restaurant, and business-suite applications, providing a range of commercial development directions.
The property is near Eastern Iowa Airport in Cedar Rapids and sits within an expanding area. Adjacent Lot 2 adds 1.23 acres; together, the parcels total 2.57 acres and are described as capable of supporting a 22,000 SF building with ample parking. A city tax incentive package and design/build services are available.
The property is near Eastern Iowa Airport in Cedar Rapids and sits within an expanding area. Adjacent Lot 2 adds 1.23 acres; together, the parcels total 2.57 acres and are described as capable of supporting a 22,000 SF building with ample parking. A city tax incentive package and design/build services are available.
Key Highlights
- 1.34‑acre commercial land parcel
- ILI zoning identified as Commercial Mixed Use
- Uses identified include retail, office, industrial, restaurant, and business suites
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
Demographics for 52404, IA
43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - ILI zoning is identified for retail, office, industrial, restaurant, and business-suite uses.
Where is this commercial land located?
The property is located at 1406 Adair Court SW lot 3 Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $364,815.
What are key features of this property?
This property features: 1.34‑acre commercial land parcel; ILI zoning identified as Commercial Mixed Use; Uses identified include retail, office, industrial, restaurant, and business suites
