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    425 Colton Cir Cedar Rapids, IA 52402

    For Sale
    $211,000

    1.34-acre commercial lot, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.34-acre commercial land parcel, located at 425 Colton Cir NE in Cedar Rapids, Iowa (zip code 52402), presents a unique investment opportunity. Situated on the corner of C Avenue and Boyson Road in Linn County, this property boasts prime visibility and convenient access from two major roadways. The lot is zoned T-MU, making it suitable for a diverse range of commercial uses, including medical facilities, retail strip centers, daycares, and more. This "shovel-ready" site is immediately available for development, offering significant advantages for prospective buyers. The property's size and zoning provide ample space for a substantial commercial project. The seller is open to build-to-suit options for qualified tenants, potentially streamlining the development process and creating a mutually beneficial partnership. The asking price for this exceptional property is $211,000, and the APN is 11341-04010-00000. Don't miss this chance to acquire a highly desirable commercial lot in a thriving Cedar Rapids location.

    Property Features for 425 Colton Cir

    General Information

    Property type
    Land
    Lot Size
    58,370 SF

    HighLights

    • 1.34‑acre commercial lot in Cedar Rapids, IA (52402), located at 425 Colton Cir NE.
    • Prime corner location at C Avenue and Boyson Road, offering high visibility and convenient access.
    • T‑MU zoning allows for various commercial uses, including medical, retail, and daycare.
    • Shovel‑ready site, immediately available for development.
    • Asking price: $211,000; APN: 11341‑04010‑00000.
    • Seller open to build‑to‑suit options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.639802
    Latitude
    42.047795

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    FAQs

    What type of property is this?
    Land - 1.34-acre commercial lot, ideal location.
    Where is this land located?
    The property is located at 425 Colton Cir Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $211,000.
    What are key features of this property?
    This property features: 1.34-acre commercial lot in Cedar Rapids, IA (52402), located at 425 Colton Cir NE.; Prime corner location at C Avenue and Boyson Road, offering high visibility and convenient access.; T-MU zoning allows for various commercial uses, including medical, retail, and daycare.
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    Cedar Rapids, IA 52402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    425 Colton Cir Cedar Rapids, IA 52402
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