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    1189 33Rd Ave Cedar Rapids, IA 52404

    For Sale
    $3,500,000

    Prime Iowa industrial land, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 60.67-acre parcel of land presents a remarkable opportunity for industrial development in Cedar Rapids, Iowa. Located on 33rd Ave SW, this property boasts a highly desirable location in a rapidly growing industrial sector of the city. The land is zoned for light industrial use, offering flexibility for a variety of projects. With a total asking price of $3,500,000, the price per acre is $57,689. The property's strategic position provides easy access to Interstate 380 and Highway 30, ensuring seamless transportation and logistics. Its proximity to major thoroughfares enhances its appeal for businesses seeking efficient distribution networks. The site's ample acreage allows for substantial development potential, catering to a wide range of industrial needs. This is a prime opportunity to capitalize on the burgeoning industrial growth in southwest Cedar Rapids. The property includes two APNs: 19052-51001-00000 and 19053-26001-00000. The address is 1189 33rd Ave SW, Cedar Rapids, IA 52404, situated in Linn County. This offering is for sale by owner.

    Property Features for 1189 33Rd Ave

    General Information

    Property type
    Land
    Lot Size
    2,642,785 SF

    HighLights

    • Prime industrial land for development.
    • Excellent Cedar Rapids, IA location in the southwest quadrant.
    • Convenient access to I‑380 and Highway 30.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.691851076444
    Latitude
    41.944945844302

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    FAQs

    What type of property is this?
    Land - Prime Iowa industrial land, excellent location.
    Where is this land located?
    The property is located at 1189 33Rd Ave Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Prime industrial land for development.; Excellent Cedar Rapids, IA location in the southwest quadrant.; Convenient access to I-380 and Highway 30.
    Request Owner's contact information
    1189 33Rd Ave Cedar Rapids, IA 52404
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    Cedar Rapids, IA 52404
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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
    1189 33Rd Ave Cedar Rapids, IA 52404
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