Anchored Shopping
For Sale
$2,000,000
151 Jacolyn Drive NW, Cedar Rapids, IA 52405
Commercial, Cedar Rapids, IA
Property Size37,336 SF
Lot Size4.77 Acres
Price / SF$53.57
Days on Market96
Property Features for 151 Jacolyn Drive NW
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
TMC
Directions
From Walmart, take Wiley Blvd NW south for approximately 1.5 miles. Turn right onto Johnson Ave NW, continue 0.3 miles, and turn into the parking lot at 151 Jacolyn Dr NW.
Subdivision
NW Quadrant
Standard status
Active
APN
132532600400000
Size
37,336 SF
Lot size
4.77 Acres
Taxes and HOA fees
Tax Description
as per abstract
Tax Annual Amount
26050
Legal Description
as per abstract
Building Details
Year built
1960
Flooring type
Concrete
Building materials
Concrete Block
Listing Agency:
Pinnacle Realty LLC
(319) 393-0900
Listed By:
Pacifique Mengi
(319) 350-9476
Added: Jul 4
Changed: Aug 19
Last Checked: Oct 7 at 9:06AM
MLS# 2604726
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.
Cedar Hills Retail Center comprises three commercial buildings totaling 37,336 square feet across 4.77 acres. The sale includes the full three-building property, with concrete-block construction, concrete flooring, and updated roofs. Dollar General serves as an anchor alongside multiple established retail tenants. The component addresses are 151, 167, and 191 Jacolyn Drive NW in Cedar Rapids, Iowa.
The center is situated near residential neighborhoods and schools, with major roadways in the surrounding area. TMC zoning and the multi-building configuration support a defined shopping-center format within the Cedar Rapids market.
The center is situated near residential neighborhoods and schools, with major roadways in the surrounding area. TMC zoning and the multi-building configuration support a defined shopping-center format within the Cedar Rapids market.
Key Highlights
- Three commercial buildings totaling 37,336 square feet
- 4.77‑acre retail center site
- Anchored by Dollar General with multiple established retail tenants
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52405, IA
26,382
Population
12,283
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
15.0 sq mi
ZIP Area
1,759
Density / Sq Mi
$65,352
Median Household Income
$44,711
Median Earnings
$1,043
Median Rent
$173,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-building retail campus with established tenants near residential neighborhoods, schools, and major roadways.
Where is this shopping center located?
The property is located at 151 Jacolyn Drive NW Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Three commercial buildings totaling 37,336 square feet; 4.77‑acre retail center site; Anchored by Dollar General with multiple established retail tenants
