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    3990 Blairs Ferry Rd Hiawatha, IA 52411

    Sponsored
    For Sale
    $840,000

    0.99-acre lot, prime retail location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.99-acre commercial land parcel presents a unique investment opportunity within Pecks Landing, an 18-acre master-planned retail power center in Hiawatha, Iowa. Located at 3990 Blairs Ferry Road, this C-3 zoned lot (APN 140610400900000) boasts unparalleled visibility and accessibility, situated near the northeast quadrant of Cedar Rapids. Daily traffic counts exceeding 35,000 vehicles ensure high exposure for any development. The property benefits from its strategic location within a thriving commercial and residential area, surrounded by a diverse mix of businesses including a Fleet Farm store and a Hy-Vee grocery store in nearby developments. Excellent demographics and convenient access to major roadways like Blairs Ferry Road, I-380, and Highway 100/Collins Road extension further enhance its appeal. This lot is part of a larger development with the possibility of combining with other available parcels. The asking price is $840,000, translating to $19.48 per square foot. This represents a prime opportunity for commercial land acquisition in a rapidly expanding market. The property is for sale by owner.

    Property Features for 3990 Blairs Ferry Rd

    General Information

    Property type
    Land
    Lot Size
    43,124 SF

    HighLights

    • 0.99‑acre commercial lot on a future lighted intersection.
    • Part of an 18‑acre master‑planned retail power center in Hiawatha, IA.
    • High‑visibility location in Cedar Rapids' northeast quadrant.
    • Over 35,000 vehicles pass daily.
    • Excellent demographics and convenient access to major roadways.
    • Prime opportunity for commercial land acquisition; $840,000 asking price ($19.48/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hiawatha
    County
    Linn
    State
    Iowa
    Longitude
    -91.697831095737
    Latitude
    42.03465377852

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    FAQs

    What type of property is this?
    Land - 0.99-acre lot, prime retail location
    Where is this land located?
    The property is located at 3990 Blairs Ferry Rd Hiawatha, IA.
    What is the asking price?
    The asking price for this property is $840,000.
    What are key features of this property?
    This property features: 0.99-acre commercial lot on a future lighted intersection.; Part of an 18-acre master-planned retail power center in Hiawatha, IA.; High-visibility location in Cedar Rapids' northeast quadrant.
    (319) 360-7017
    Request Owner's contact information
    3990 Blairs Ferry Rd Hiawatha, IA 52411
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    Hiawatha, IA 52411
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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
    3990 Blairs Ferry Rd Hiawatha, IA 52411
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