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Cedar Hills Retail Center
For Sale
$2,000,000

151 Jacolyn Drive NW, Cedar Rapids, IA 52405

Multi-building retail center on 4.77 acres in a high-traffic Cedar Rapids corridor anchored by Dollar General.

Property Size37,336 SF
Lot Size4.77 Acres
Price / SF$53.57
Days on Market65

Property Features for 151 Jacolyn Drive NW

General Information

Standard status Active
Size 37,336 SF
Lot size 4.77 Acres
Property subtype Commercial
Zoning TMC

Taxes and HOA fees

Annual Taxes $26,050

Amenities

Concrete
Yes
No
Building
Public
4.77
35490
Sprinkler/Irrigation

Building Details

Year Built 1960
Tenancy Multi
Listing Agency: Pinnacle Realty LLC
Listed By: Pacifique Mengi
Source: Pinnaclerealtyia
Added: Jul 4 Changed: Aug 8 Last Checked: Sep 5 at 4:56AM

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 Pinnacle Realty LLC

Investment Insights

Based on property information with market context.

Cedar Hills Retail Center is a multi-building retail property sold as a package across three commercial buildings on 4.77 acres. The offering includes 151 Jacolyn Dr NW, 167 Jacolyn Dr NW, and 191 Jacolyn Dr NW. Buildings were constructed in different years and feature updated roofs.

The center is positioned in a high-traffic area on the border of NW and SW Cedar Rapids and is anchored by Dollar General. The property is described as convenient to residential neighborhoods, schools, and major roadways.

Additional retail tenants are noted as established, supporting a stabilized neighborhood retail configuration within the three-building portfolio.

Key Highlights

  • Cedar Hills Retail Center on 4.77 acres with three commercial buildings included in the sale.
  • Building addresses: 151 Jacolyn Dr NW (13253‑26004‑00000), 167 Jacolyn Dr NW (13253‑26003‑00000), and 191 Jacolyn Dr NW (13253‑26002‑00000).
  • Anchored by Dollar General with multiple established retail tenants.

Property Analytics

Current Use

Pet's Playhouse (Bike/Boat/Book/etc) Store Western Union Bank Dollar General Grocery & Convenience Store Shazam Atm Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52405, IA

26,382
Population
12,283
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
15.0 sq mi
ZIP Area
1,759
Density / Sq Mi
$65,352
Median Household Income
$44,711
Median Earnings
$1,043
Median Rent
$173,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-building retail center on 4.77 acres in a high-traffic Cedar Rapids corridor anchored by Dollar General.
Where is this shopping center located?
The property is located at 151 Jacolyn Drive NW Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Cedar Hills Retail Center on 4.77 acres with three commercial buildings included in the sale.; Building addresses: 151 Jacolyn Dr NW (13253‑26004‑00000), 167 Jacolyn Dr NW (13253‑26003‑00000), and 191 Jacolyn Dr NW (13253‑26002‑00000).; Anchored by Dollar General with multiple established retail tenants.
More about this property
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