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    3210 Center Point Rd Cedar Rapids, IA 52402

    Sponsored
    For Sale
    $1,095,000

    10,010 SF, High-Visibility Corner Lot

    Property size:
    10,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 3210 Center Point Rd NE in Cedar Rapids, Iowa, presents a compelling investment opportunity. The 10,010 square foot building, constructed in 1976, sits on a high-visibility corner lot at the intersection of Center Point Rd NE and 32nd St NE, just one block from I-380, ensuring excellent accessibility and exposure. The two-story building features a turn-key salon space and additional office space, making it ideal for an owner-occupant or redevelopment project. The property is zoned T-ML; Res and offers significant potential for various uses. The asking price is $1,095,000, translating to $109.39 per square foot. This property includes multiple parcels: 1409426012; 1409403013; 1409403014; 1409403015; 1409403016. Details on current leases are available upon request. This prime location and versatile space make this a truly unique opportunity in the Cedar Rapids market. Don't miss out on this chance to acquire a well-positioned mixed-use property with strong potential for future growth and profitability.

    Property Features for 3210 Center Point Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    10,010 SF

    Building Details

    Year Built
    1976
    Buildings
    1
    Stories
    2

    HighLights

    • High‑visibility corner lot at Center Point Rd NE & 32nd St NE, one block from I‑380.
    • Turn‑key salon space available.
    • Office space included.
    • Owner‑occupant or redevelopment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.663493592741
    Latitude
    42.011004755816

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    FAQs

    What type of property is this?
    Mixed-use property - 10,010 SF, High-Visibility Corner Lot
    Where is this mixed-use property located?
    The property is located at 3210 Center Point Rd Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $1,095,000.
    What are key features of this property?
    This property features: High-visibility corner lot at Center Point Rd NE & 32nd St NE, one block from I-380.; Turn-key salon space available.; Office space included.
    (319) 731-3412
    Request Owner's contact information
    3210 Center Point Rd Cedar Rapids, IA 52402
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    Cedar Rapids, IA 52402
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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
    3210 Center Point Rd Cedar Rapids, IA 52402
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