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    Commerce Park Dr SW Cedar Rapids, IA

    For Lease
    $15 SF/Yr ($10,000 /Mo)

    Industrial space for sublease with close proximity to Interstate 380.

    Property size:
    8,000 SF
    Lot size:
    1.54 Acres

    Property Features for Commerce Park Dr SW

    General Information

    Size
    8,000 SF
    Lot size
    1.54 Acres

    Source: JLL Agent Michael Minard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Space Near Interstate 380

    This industrial space, available for sublease, offers between 6,000 and 8,000 square feet. The total building size is 20,025 square feet. The sublease rate is $15.00 per square foot per year, gross, with the sublease expiring on September 30, 2029. The space features 3 to 5 dock doors and a clear height of 30 feet. Office space is available. The property is located in close proximity to Interstate 380 and is minutes away from the Eastern Iowa Airport.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    Storelocal Storage Co-Op

    Map

    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6590662
    Latitude
    41.97464

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    FAQs

    What type of property is this?
    Warehouse - Industrial space for sublease with close proximity to Interstate 380.
    Where is this warehouse located?
    The property is located at Commerce Park Dr SW Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Sublease rate of $15.00/SF/Year/Gross; - Available space: **6,000 - 8,000 SF**; - Sublease expiration: 9/30/2029
    (563) 508-4649
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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
    Commerce Park Dr SW Cedar Rapids, IA
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