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    3 Prairie View Ln Cedar Rapids, IA 52404

    For Sale
    $675,000

    Prime Commercial Lot, Ideal Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.9-acre commercial land parcel presents a unique investment opportunity in Cedar Rapids, Iowa. Located at Lot 3 Prairie View Ln SW, 52404, this property boasts a highly desirable location within the Prairie View Office Park, situated at the park's entrance and conveniently accessible from Wright Brothers Boulevard. Its strategic positioning offers unparalleled visibility and accessibility for any commercial venture. The lot's size provides ample space for development, catering to a wide range of commercial uses. The property's proximity to Interstate 380 and Highway 30 ensures excellent connectivity and convenient access for employees, customers, and suppliers. Furthermore, its advantageous location near the Cedar Rapids Airport adds to its appeal, making it an attractive option for businesses requiring convenient air travel access. This prime commercial land parcel represents a rare opportunity to establish a thriving business in a thriving area of Cedar Rapids. The asking price for this exceptional property is $675,000. Serious inquiries are encouraged. This is a remarkable opportunity to secure a prominent location in a rapidly developing area of Cedar Rapids. Don't miss out on this chance to acquire a piece of prime commercial real estate.

    Property Features for 3 Prairie View Ln

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • $675,000 asking price for 2.9 acres of commercial land.
    • Located in Cedar Rapids, IA, in Linn County, zip code 52404.
    • Situated at the entrance to Prairie View Office Park on Wright Brothers Blvd.
    • Convenient access to Interstate 380 and Highway 30.
    • Proximity to the Cedar Rapids Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Wholesale Shop Clothing Store Pharmacy Auto Parts Store Hotel & Motel Department 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
    -91.6636685
    Latitude
    41.8936684

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Ideal Location
    Where is this land located?
    The property is located at 3 Prairie View Ln Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: $675,000 asking price for 2.9 acres of commercial land.; Located in Cedar Rapids, IA, in Linn County, zip code 52404.; Situated at the entrance to Prairie View Office Park on Wright Brothers Blvd.
    (515) 453-5590
    Request Owner's contact information
    3 Prairie View Ln 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
    3 Prairie View Ln Cedar Rapids, IA 52404
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