1402 18th Street SW Cedar Rapids, IA 52404
Well-maintained flex warehouse includes a clear-span warehouse, two-level office, and paved outdoor storage yard.
- Added:
- Jul 8, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 13 at 2:15 am
Property Features for 1402 18th Street SW
General Information
- Standard status
- Active
- Size
- 8,474 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2006
Listing office IOWA REALTY COMMERCIAL (319) 981-2889
Listing date Jul 8, 2026
Source Pinnaclerealtyia
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 IOWA REALTY COMMERCIAL
Investment Insights
Based on property information with market context.
The property is located in Cedar Rapids’ southwest market at 1402 18th Street SW. A paved storage yard is available for fleet parking, materials, or equipment staging, providing practical support for day-to-day industrial workflows.
Overall, the building’s combination of clear-span warehouse space, multiple overhead doors, and on-site paved storage yard make it a straightforward option for distribution, light manufacturing, or service-oriented use requiring both warehouse space and office support.
Key Highlights
- 8,474 SF well‑maintained flex industrial warehouse with clear‑span warehouse plus modern office and paved outdoor storage
- 40‑ft wide by 200‑ft long clear span warehouse with functional open layout for distribution, light manufacturing, or service use
- Loading dock plus 4 overhead doors positioned around the building for circulation and loading/unloading access
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.6k | $11.40 |
| − Vacancy | −$5.8k | −$0.68 |
| EGI | $90.8k | $10.72 |
| − OpEx | −$31.8k | −$3.75 |
| NOI | $59.0k | $6.97 |
Alternative Uses
Property Analytics
Current Use by Public Records
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