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    2055 N Towne Ln NE Cedar Rapids, IA 52402

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    For Lease
    $6 SF/Yr

    63,200 SF industrial space near I-380 in Cedar Rapids.

    Property size:
    63,200 SF
    Lot size:
    2.35 Acres

    Property Features for 2055 N Towne Ln NE

    General Information

    Size
    63,200 SF
    Lot size
    2.35 Acres

    Source: GLD Commercial Agent Angie Glick

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

    Overview

    Cedar Rapids Industrial Space For Lease

    This 63,200-square-foot industrial property is conveniently located off Blairs Ferry Rd and Center Pt Rd NE, within 1/2 mile of I-380. Renovations are nearing completion, including roof and exterior panel upgrades. The property features all-new plumbing, electrical, fire suppression, and motion-censored LED lighting. The office space has updated restrooms, paint, and trim. The building includes six dock doors, one drive-in door, and 20-foot sidewalls, making it ideal for distribution or light manufacturing. Existing coolers on the north side remain in place, and the chiller system could be reinstalled if needed. Contact the listing agent for additional details and to discuss demising possibilities. The property is located on the NE side of Cedar Rapids.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R.S. Hanline & Co. Produce Wholesaler

    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.

    Similar Places Nearby

    Another Room Storage, That's STORbiz!, A 1 Storage, That's STORbiz! Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6705976
    Latitude
    42.0325272

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    FAQs

    What type of property is this?
    Warehouse - 63,200 SF industrial space near I-380 in Cedar Rapids.
    Where is this warehouse located?
    The property is located at 2055 N Towne Ln NE Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Excellent NE side location, within 1/2 mile of I-380.; - Renovations nearing completion, including new plumbing, electrical, fire suppression, and motion censored LED lighting.; - Six dock doors and one drive-in door for easy loading.
    (319) 731-3400
    Request Owner's contact information
    2055 N Towne Ln NE Cedar Rapids, IA 52402
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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
    2055 N Towne Ln NE Cedar Rapids, IA 52402
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