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Build-to-Suit Development Site
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1117 1st Ave SE, Cedar Rapids, IA 52402

Build-to-suit site in the medical district near Coe College with off-street parking and high-traffic visibility.

Space SizeContact for details
Days on Market96

Property Features for 1117 1st Ave SE

General Information

Standard status Active

Building Details

Year Built 1952
Listing Agency: SKOGMAN REALTY
Listed By: Roy Nowers
Source: Kwlegacyrealty
Added: Jul 21 Changed: Oct 2 Last Checked: Oct 7 at 12:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SKOGMAN REALTY

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This build-to-suit development site is positioned for restaurant, retail, or office construction, with lease terms determined by the building particulars. The offering is described as being located in the Medical District and near Coe College.

The property includes off-street parking and is marketed as having strong visibility in a high-traffic area. The lease rate will depend on the specific development and building details, and the listing agent can provide additional information.

Because the property is being delivered as a build-to-suit opportunity, prospective users and developers should coordinate directly with the listing agent regarding the planned improvements and resulting lease structure.

Key Highlights

  • Build‑to‑suit site in the medical district near Coe College
  • Year built: 1952
  • High‑traffic area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Riley's Cafe in Cedar ... Restaurant Steven Stefani Law ... Law Firm

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Florist HVAC Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,287
Businesses Nearby

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Build-to-suit site in the medical district near Coe College with off-street parking and high-traffic visibility.
Where is this commercial land located?
The property is located at 1117 1st Ave SE Cedar Rapids, IA.
What are key features of this property?
This property features: Build‑to‑suit site in the medical district near Coe College; Year built: 1952; High‑traffic area
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