Shell Gas
For Sale
$1,250,000
2824 1st Ave NE, Cedar Rapids, IA 52402
Fuel-and-convenience property along a major thoroughfare with a direct route toward downtown Cedar Rapids.
Property Size1,425 SF
Price / SF$877.19
Days on Market54
Property Features for 2824 1st Ave NE
General Information
Standard status
Active
Size
1,425 SF
Property subtype
Single-Tenant Vacant-User
Lease Type
NNN
Financials
Cap Rate
1%
Business Included
Yes
Site & Location
Traffic Count
25,600 vehicles/day
Road Access
Yes
Amenities
Gas Station Business and Real Estate For Sale in the Cedar Rapids MSA
Approximately 151,105 Residents Within a Five-Mile Radius
Car Wash Operational but Currently Not in Use
Excellent Location Approximately Five Miles From Lindale Mall, Mount Mercy University, Elmrest Country Club, Downtown Cedar Rapids, and Other Points of Interest
Highly Visible Hard-Corner Location Along 1st Ave NE and 29th St Ave - Accessible by a Combined Approximately 25,600 Cars per Day
Easily Accessible on 1st Ave NE, Providing Direct Route to Downtown Cedar Rapids
Building Details
Building Size
1,425 SF
Listing Agency:
(952) 852-9700
Listed By:
Jon Ruzicka · License #License(s) IA: B63379000
(952) 852-9700
Source:
Marcusmillichap
Added: Jul 9
Changed: Aug 31
Last Checked: Aug 31 at 2:42AM
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 Jon Ruzicka
Investment Insights
Based on property information with market context.
This Shell-branded gas station occupies a commercially positioned site at 2824 1st Ave NE in Cedar Rapids. The property fronts the 1st Ave NE and 29th St corridor, offering access along a major thoroughfare that connects with downtown Cedar Rapids.
The surrounding five-mile area includes approximately 151,105 residents. Mount Mercy University is a four-minute drive away and has more than 1,400 students. Lindale Mall, Clark Field Stadium, Mercy Medical Center, and Coe College are also located near the property.
The surrounding five-mile area includes approximately 151,105 residents. Mount Mercy University is a four-minute drive away and has more than 1,400 students. Lindale Mall, Clark Field Stadium, Mercy Medical Center, and Coe College are also located near the property.
Key Highlights
- Shell‑branded gas station at 2824 1st Ave NE, Cedar Rapids, IA 52402
- Exposure to nearly 25,600 cars per day along 1st Ave NE and 29th St
- Approximately 151,105 residents within a five‑mile radius
Property Analytics
Property Profile
Current Use
Lease Details
25,600 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
414
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?
Gas station - Fuel-and-convenience property along a major thoroughfare with a direct route toward downtown Cedar Rapids.
Where is this gas station located?
The property is located at 2824 1st Ave NE Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Shell‑branded gas station at 2824 1st Ave NE, Cedar Rapids, IA 52402; Exposure to nearly 25,600 cars per day along 1st Ave NE and 29th St; Approximately 151,105 residents within a five‑mile radius
