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    4 Prairie View Ln Cedar Rapids, IA 52404

    For Sale
    $646,866

    Prime Cedar Rapids commercial lot, 2.7 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.7-acre commercial lot, identified as Lot 4 Prairie View Ln SW in Cedar Rapids, Iowa, presents a unique investment opportunity. Located in Linn County, zip code 52404, this property offers significant potential for development. The asking price is $646,866. The land is conveniently situated near the Cedar Rapids Airport, providing easy access for businesses and employees. Its strategic location also benefits from proximity to Interstate 380 and Highway 30, ensuring excellent connectivity and visibility. A notable feature of this property is a picturesque pond located on the east side of the lot, adding to its aesthetic appeal and potentially enhancing any future development. The property is classified as commercial land and is part of the Prairie View office park. Detailed site plans and surveys are available upon request. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes. The lot's size allows for considerable flexibility in development plans, catering to a wide range of commercial ventures. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Iowa community.

    Property Features for 4 Prairie View Ln

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre commercial lot in Cedar Rapids, IA (Lot 4 Prairie View Ln SW, zip code 52404) for $646,866.
    • Excellent access to Cedar Rapids Airport.
    • Prime location near Interstate 380 and Highway 30.
    • Features a picturesque pond.
    • Part of the Prairie View office park.
    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 Cedar Rapids commercial lot, 2.7 acres.
    Where is this land located?
    The property is located at 4 Prairie View Ln Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $646,866.
    What are key features of this property?
    This property features: 2.7-acre commercial lot in Cedar Rapids, IA (Lot 4 Prairie View Ln SW, zip code 52404) for $646,866.; Excellent access to Cedar Rapids Airport.; Prime location near Interstate 380 and Highway 30.
    (515) 453-5590
    Request Owner's contact information
    4 Prairie View Ln 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
    4 Prairie View Ln Cedar Rapids, IA 52404
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