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    2821 SE Mount Vernon Rd Cedar Rapids, IA 52401

    New
    For Sale
    $575,000

    SINGLE_FAMILY - Cedar Rapids, IA

    Type:Office
    Lot size:
    0.94 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 2821 SE Mount Vernon Rd

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    Commercial
    APN
    1426126005
    Lot size
    0.94 Acres

    Building Details

    Year built
    1924

    Lockard Realty Co. (319) 493-4000 [email protected]

    Listing agent Steve S Conrad (319) 277-8000

    Listing date Dec 11, 2025

    Copyright © 2025 Northeast Iowa Regional Board 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

    Commercial Land in Cedar Rapids

    Two parcels of land are available for sale as a package. The property is zoned for commercial use and has potential for development. The offering includes a house (2829) that is restorable or could be moved to another site, and a store (2821) that may need to be demolished due to City Code. The total lot size is 0.944 acres. The value is primarily in the land. The parcels must be sold "as is".
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    O So Beautiful ... Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6605
    Latitude
    41.976

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    FAQs

    What type of property is this?
    Commercial land - Two parcels of land for sale in Cedar Rapids, Iowa.
    Where is this commercial land located?
    The property is located at 2821 SE Mount Vernon Rd Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Significant land value.; - Development opportunities.; - Potential for various uses.
    (319) 277-8000
    Request Owner's contact information
    2821 SE Mount Vernon Rd Cedar Rapids, IA 52401
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    Cedar Rapids, IA 52401
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    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
    2821 SE Mount Vernon Rd Cedar Rapids, IA 52401
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