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    6201 16Th Ave Cedar Rapids, IA 52404

    Sponsored
    For Sale
    Contact for pricing

    Prime IA industrial land, flexible zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Cedar Rapids property offers 2.9 to 10.87 acres of land zoned for Light Industrial use, situated in Linn County at 6201 16th Ave SW, zip code 52404. The property boasts approximately 2.9 acres of paved concrete ideal for outdoor storage, currently available for both sale and lease. This section can be purchased separately from the remaining acreage. The property enjoys high visibility from 16th Ave SW. The city's Future Land Use Map designates this area for Urban High Intensity development, presenting significant flexibility for a variety of uses, including potential multifamily projects. This location is part of the Westdale Area Action Plan, an area experiencing ongoing development and growth, promising future appreciation. The APN is 13352-26001-00000. This presents a unique opportunity for investors seeking land in a rapidly developing area with diverse development potential. The total acreage available for purchase ranges from 2.9 to 10.87 acres.

    Property Features for 6201 16Th Ave

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • 10.87‑acre light industrial land parcel.
    • 2.9‑acre paved concrete yard ideal for outdoor storage (separately sellable).
    • High‑profile 16th Ave SW frontage.
    • Urban High Intensity zoning; multifamily development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel 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
    -91.750460566309
    Latitude
    41.964057571643

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    FAQs

    What type of property is this?
    Land - Prime IA industrial land, flexible zoning.
    Where is this land located?
    The property is located at 6201 16Th Ave Cedar Rapids, IA.
    What are key features of this property?
    This property features: 10.87-acre light industrial land parcel.; 2.9-acre paved concrete yard ideal for outdoor storage (separately sellable).; High-profile 16th Ave SW frontage.
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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
    6201 16Th Ave Cedar Rapids, IA 52404
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