Commercial Land with Existing
For Sale
$995,000
1945 42nd Street NE, Cedar Rapids, IA 52402
Former automotive site with an existing building, public utilities, and access near two signalized intersections.
Property Size1,980 SF
Price / SF$502.53
Days on Market69
Property Features for 1945 42nd Street NE
General Information
Standard status
Active
Size
1,980 SF
Property subtype
Commercial
Zoning
TMC
Taxes and HOA fees
Annual Taxes
$8,208
Amenities
Concrete
Yes
1
No
Building,Land
Public
1.016
1.016 Ac
Off Street
Building Details
Year Built
1970
Stories
1
Listing Agency:
Fischels Commercial Group
(319) 721-6099
Listed By:
Ryan Eighme
(319) 721-6099
Source:
Pinnaclerealtyia
Added: Jun 24
Changed: Aug 31
Last Checked: Aug 31 at 12:38AM
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 Fischels Commercial Group
Investment Insights
Based on property information with market context.
This 1.016-acre commercial land parcel includes a 1,980-square-foot building constructed in 1970. The property was formerly used as a car dealership and includes concrete improvements, an existing building, and off-street parking. TMC zoning applies to the site.
Positioned just off I-380 at 42nd Street NE, the property sits between two signalized intersections and receives exposure to more than 69,000 vehicles per day. Public utilities serve the site. An adjacent Kwik Star provides a nearby commercial anchor, while McDonald's is located less than one mile away.
Positioned just off I-380 at 42nd Street NE, the property sits between two signalized intersections and receives exposure to more than 69,000 vehicles per day. Public utilities serve the site. An adjacent Kwik Star provides a nearby commercial anchor, while McDonald's is located less than one mile away.
Key Highlights
- 1.016‑acre commercial land parcel with an existing 1,980‑square‑foot building
- Former car dealership property with 1970 construction
- Just off I‑380 at 42nd Street NE
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Explore this area
Business Placement
Demographics for 52402, IA
42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Former automotive site with an existing building, public utilities, and access near two signalized intersections.
Where is this commercial land located?
The property is located at 1945 42nd Street NE Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 1.016‑acre commercial land parcel with an existing 1,980‑square‑foot building; Former car dealership property with 1970 construction; Just off I‑380 at 42nd Street NE
