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    2360 Edgewood Rd SW Cedar Rapids, IA 52405

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    For Sale
    $3,800,000

    Class A retail strip center in high-traffic commercial district.

    Property size:
    12,461 SF
    Lot size:
    1.58 Acres

    Property Features for 2360 Edgewood Rd SW

    General Information

    Size
    12,461 SF
    Lot size
    1.58 Acres

    Source: GLD Commercial Agent Adam Gibbs

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

    Overview

    Fully Leased Retail Strip Center

    This fully leased Class "A" retail strip center is located on an outlot of Westdale Town Center, in the heart of the SW retail/commercial district along Edgewood Road. The property benefits from excellent visibility and access, with daily traffic counts of nearly 20,000 vehicles. The property includes 87 parking spaces. Tenants include Napoli's Italian Restaurant, WingStop, Great Clips, Metro Infusion Center, Q Nail Spa, and Crab House Seafood Restaurant. The surrounding development features many national retailers, including Caribou Coffee, Chick-fil-a, Burlington, Ross, Firehouse Subs, Freddy’s Frozen Custard, and Petsmart. The current net operating income is projected to be $277,640 in 2025. The property size is 12,461 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wingstop Chicken Wings Restaurant Q Nails & Spa Nail Salon Crab House Seafood Restaurant Thighstop Chicken Wings Restaurant Napoli's Italian Restaurant ... Italian Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.7165868
    Latitude
    41.9543074

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    FAQs

    What type of property is this?
    Strip mall - Class A retail strip center in high-traffic commercial district.
    Where is this strip mall located?
    The property is located at 2360 Edgewood Rd SW Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - Projected NOI of $277,640 in 2025; - Fully leased Class "A" retail strip center; - Located on an outlot of Westdale Town Center
    (319) 731-3400
    Request Owner's contact information
    2360 Edgewood Rd SW Cedar Rapids, IA 52405
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    Cedar Rapids, IA 52405
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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
    2360 Edgewood Rd SW Cedar Rapids, IA 52405
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