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Prime Lot Near Galaxy Theater
For Sale
$745,000

5320 Council Street NE, Cedar Rapids, IA 52402

Shovel-ready commercial lot with high visibility and traffic.

Property SizeContact for details
Days on Market295

Property Features for 5320 Council Street NE

General Information

Standard status Active
Property subtype Farm

Amenities

Level
Public
1.85
1.85 Acre
Paved
Listing Agency: RE/MAX Concepts
Listed By: Lisa Coots-Schooley
Source: Pinnaclerealtyia
Added: Nov 14, 2025 Changed: Sep 4 Last Checked: Sep 4 at 2:15AM

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 RE/MAX Concepts

Investment Insights

Based on property information with market context.

This prime commercial lot is situated in front of the Galaxy 12 movie theater, offering exceptional visibility with a daily traffic count exceeding 18,000 vehicles. The location provides convenient access between Blairs Ferry Road and Collins Road, with easy connectivity to I-380. The site is shovel-ready, with all necessary infrastructure in place to facilitate immediate construction and rapid project completion. This property is suitable for retail, dining, or service-oriented businesses seeking high traffic exposure and ease of access for both customers and employees.

Key Highlights

  • High traffic location with over 18,000 cars per day
  • Shovel ready with all infrastructure in place
  • Exceptional visibility in front of Galaxy 12 movie theater

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Electrical Service

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

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Shovel-ready commercial lot with high visibility and traffic.
Where is this commercial land located?
The property is located at 5320 Council Street NE Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: High traffic location with over 18,000 cars per day; Shovel ready with all infrastructure in place; Exceptional visibility in front of Galaxy 12 movie theater
More about this property
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