Highly Visible Commercial Development
For Sale
$1,100,000
Pending
1220 Jacolyn Drive SW, Cedar Rapids, IA 52404
5-acre commercial lot at a traffic signal intersection with strong daily vehicle traffic counts for redevelopment or development.
Property SizeContact for details
Lot Size5.00 Acres
Days on Market1237
Property Features for 1220 Jacolyn Drive SW
General Information
Standard status
Pending
Lot size
5.00 Acres
Property subtype
Farm
Zoning
Suburban mixed use community center
Additional Details
Traffic Count
10,000 vehicles/day
Taxes and HOA fees
Annual Taxes
$17,419
Amenities
Level
Public
5
217800
Paved
Listing Agency:
Urban Acres Real Estate
(319) 393-0900
Listed By:
Kyle Steele
(319) 981-2378
Source:
Pinnaclerealtyia
Added: May 20, 2023
Changed: Oct 6
Last Checked: Oct 5 at 4:01PM
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 Urban Acres Real Estate
Investment Insights
Based on property information with market context.
This offering is a highly visible 5-acre commercial lot configured for development at a traffic signal intersection. The property is located within a suburban mixed-use community center zoning designation, supporting commercial activity and related uses.
The site’s primary advantage is its traffic-signal exposure, with the provided traffic count exceeding 10,000 vehicles per day. The property is positioned for accessibility and visibility at the intersection.
From a use standpoint, the lot is being marketed as a strategic location for Low Income Housing Tax Credit (LIHTC) program development. For qualified parties, the combination of intersection visibility, daily vehicle traffic, and community center zoning may support planning for an LIHTC-aligned housing project, subject to applicable approvals and program requirements.
The site’s primary advantage is its traffic-signal exposure, with the provided traffic count exceeding 10,000 vehicles per day. The property is positioned for accessibility and visibility at the intersection.
From a use standpoint, the lot is being marketed as a strategic location for Low Income Housing Tax Credit (LIHTC) program development. For qualified parties, the combination of intersection visibility, daily vehicle traffic, and community center zoning may support planning for an LIHTC-aligned housing project, subject to applicable approvals and program requirements.
Key Highlights
- 5‑acre level commercial lot with paved road access and public water service
- Located at a traffic signal intersection with over 10,000 vehicles per day traffic count
- Zoned for suburban mixed use community center
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
10,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Explore this area
Business Placement
Demographics for 52404, IA
43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 5-acre commercial lot at a traffic signal intersection with strong daily vehicle traffic counts for redevelopment or development.
Where is this residential land & home lot located?
The property is located at 1220 Jacolyn Drive SW Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5‑acre level commercial lot with paved road access and public water service; Located at a traffic signal intersection with over 10,000 vehicles per day traffic count; Zoned for suburban mixed use community center
