Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2403 Kestrel Dr SE Cedar Rapids, IA 52403

    For Sale
    $61,610

    Residential Lot - Cedar Rapids, IA

    Lot size:
    0.26 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 10 at 8:06 am

    Property Features for 2403 Kestrel Dr SE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    143540101500000
    Lot size
    0.26 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Real Estate Concepts (319) 395-0101 [email protected]

    Listing agent Alexis Kemp (319) 395-0101

    Listing date Sep 8, 2025

    MLS# 2507668 Listing URL

    Copyright © 2025 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.

    Overview

    Residential Lot in Kestrel Heights

    This residential lot is located in the Kestrel Heights development on the southeast side of Cedar Rapids. The 65-acre community combines rural living with city amenities. The lot is a premium location for building a home. The property is approximately 0.257 acres in size. Kestrel Heights is near Mercy and St. Luke’s Hospitals and provides access to I-380 for travel to Hiawatha or Iowa City.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.582
    Latitude
    41.9701

    Nearby Similar for Sale

    • New
      $399,000
      5,061 SF

      Architecturally Unique Office Building

      Corner lot office building with covered parking and unique design.
      2875 Mount Vernon Rd SE, Cedar Rapids, IA 52403
      View Details
    • $1,300,000
      9,600 SF

      Cedar Rapids Office with Gym

      Spacious office building with gym, built in 2008.
      6205 11Th St SW, Cedar Rapids, IA 52404
      View Details
    • $1,700,000
      16,800 SF

      Historic Cedar Rapids Landmark

      Two-story building with multi-tenant potential near MedQ.
      724 3Rd Ave SE, Cedar Rapids, IA 52401
      View Details
    • $1,375,000
      13,248 SF

      Multifamily Complex in Cedar Rapids

      23-unit multifamily complex with remodeled units and convenient access.
      120-126 NE 32Nd St, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      3,232 SF

      Cedar Rapids Office Space Available

      Professional office space in premier Cedar Rapids office park.
      3900 River Ridge Dr NE A & B, Cedar Rapids, IA 52402
      View Details
    • $139,000
      2,077 SF

      Updated Duplex in Cedar Rapids

      Turnkey, updated duplex in NE Cedar Rapids with investment potential.
      1608 B Ave NE, Cedar Rapids, IA 52402
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Premium lot for building a dream home in Cedar Rapids.
    Where is this residential land & home lot located?
    The property is located at 2403 Kestrel Dr SE Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $61,610.
    What are key features of this property?
    This property features: - Premium lot in the desirable Kestrel Heights community.; - Prime location near Mercy and St. Luke’s Hospitals, minutes from downtown Cedar Rapids.; - Convenient access to I-380 simplifies commutes to Hiawatha or Iowa City.
    (319) 395-0101
    Request Owner's contact information
    2403 Kestrel Dr SE Cedar Rapids, IA 52403
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2403 Kestrel Dr SE
    Cedar Rapids, IA 52403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2403 Kestrel Dr SE Cedar Rapids, IA 52403
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.