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Industrial Land For Sale
For Sale
$1,100,000

6201 16th Avenue SW 6.65 Ac, Cedar Rapids, IA 52404

Land with development potential in growing area.

Property SizeContact for details
Days on Market944

Property Features for 6201 16th Avenue SW 6.65 Ac

General Information

Standard status Active
Property subtype Farm

Amenities

Level
Public,See Remarks
6.65
6.65 Ac
Paved
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Karrie Schultz · License #B63691000
Source: Pinnaclerealtyia
Added: Apr 3, 2024 Changed: Oct 31 Last Checked: Nov 1 at 3:18AM

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 GLD Commercial Real Estate Advisors

Rey
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Investment Insights

Based on property information with market context.

This property offers an opportunity for land or industrial investors. Situated within the Westdale Area Action Plan, the location is expected to experience continued development and growth. The current zoning is Light Industrial. According to the city’s Future Land Use Map, the zoning is planned to change to Urban High Intensity, which may provide flexibility for various industrial development opportunities. A neighboring tenant is United Rentals. The owner may consider a land lease.

Key Highlights

  • Exceptional opportunity for land/industrial investors due to location and development potential.
  • Part of the Westdale Area Action Plan, indicating future growth and investment.
  • City’s Future Land Use Map designates Urban High Intensity, allowing for diverse industrial development.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Building Supply Hair Salon

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

149
Businesses Nearby

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Land with development potential in growing area.
Where is this industrial land located?
The property is located at 6201 16th Avenue SW 6.65 Ac Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Exceptional opportunity for land/industrial investors due to location and development potential.; Part of the Westdale Area Action Plan, indicating future growth and investment.; City’s Future Land Use Map designates Urban High Intensity, allowing for diverse industrial development.
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