Commercial Space in Cedar
Ders Drive NW lot 9A Cedar Rapids, IA 52404
For Sale
$960,655
COMMERCIAL - Cedar Rapids, IA
Property Size6,192 SF
Lot Size1.37 Acres
Price / SF$155.14
Days on Market123
Property Features for Ders Drive NW lot 9A
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Property condition
- Under Construction
- Zoning
- Comm
- Standard status
- Active
- APN
- 0304330001
- Size
- 6,192 SF
- Lot size
- 1.37 Acres
Taxes and HOA fees
- Tax Description
- JOCO 50 SUBDIVISION LOT 9
- Tax Annual Amount
- 58
Building Details
- Year built
- 2026
- Building materials
- Frame, Pole
- Roof type
- Metal
Listing Agency:
Pinnacle Realty LLC
(319) 393-0900
Listed By:
Trev Adair · License #322502720
(319) 350-9476
Added: Mar 24
Changed: May 14
Last Checked: Jul 23 at 11:06PM
MLS# 2602462
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 commercial property, located in Cedar Rapids, Iowa, offers a retail space with a design concept that allows for customizable size and style. The property is situated on a 1.37-acre lot and includes a 6192 square foot building. Zoned for commercial use, this property presents a versatile opportunity for various retail or commercial ventures.
Key Highlights
- New construction built in 2026
- Customizable size and style with your design concept
- Frame and pole construction
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.7k | $14.64 |
| − Vacancy | −$7.0k | −$1.13 |
| EGI | $83.6k | $13.51 |
| − OpEx | −$25.1k | −$4.05 |
| NOI | $58.6k | $9.46 |
6,192 SF · lease $14.64/SF/yr · vacancy 7.73% · expense 30.00%
Alternative Uses
Best Use
Retail
$836.4K
$731.9K – $975.8K
NOI $58,550 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$896.2K
$784.2K – $1.05M
NOI $62,733 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Retail space available for sale in Cedar Rapids, Iowa.
Where is this retail space located?
The property is located at Ders Drive NW lot 9A Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $960,655.
What are key features of this property?
This property features: New construction built in 2026; Customizable size and style with your design concept; Frame and pole construction
