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    4840 1St Ave Cedar Rapids, IA 52402

    Sponsored
    For Lease
    $23 SF/Yr

    Cedar Rapids, IA: 9,000 SF Available

    Lot size:
    43,544 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents 9,000 square feet of vacant space within the highly visible Lindale Crossing shopping center in Cedar Rapids, Iowa. Located at 4840 1st Ave NE, zip code 52402, this single-tenant space is part of a larger 43,544 square foot strip center situated on a prominent 3.46-acre lot in Linn County. The property boasts an impressive 263 parking spaces, ensuring ample convenience for customers. Its prime location offers unparalleled visibility and accessibility, making it an ideal space for a variety of retail businesses seeking a strong presence in a thriving market. The existing infrastructure and established customer base of Lindale Crossing provide a solid foundation for immediate success. This is a rare chance to secure a significant retail footprint in one of Cedar Rapids' most desirable commercial areas. The property's strategic location and ample parking make it an attractive option for businesses seeking high foot traffic and easy customer access. The substantial lot size also offers potential for future expansion or development. This space is ready for immediate occupancy and presents a unique opportunity for a business to establish itself in a high-traffic retail environment. Contact us today to learn more about this exceptional retail space.

    Property Features for 4840 1St Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,544 SF
    Total Rate
    83459.33

    Unit(s) available at that property

    Space
    Size
    9,000 SF
    Rate per SF
    $23

    HighLights

    • 9,000 SF vacant retail space in Cedar Rapids, IA's Lindale Crossing shopping center.
    • High visibility and accessibility at 4840 1st Ave NE, Cedar Rapids, IA 52402.
    • Located in a 43,544 SF strip center on a 3.46‑acre lot with 263 parking spaces.
    • Anchored by the #1 discount tool retailer and shadow‑anchored by PetSmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Harbor Freight Tools Hardware Store Reclaimed Wood Cedar ... Architectural Salvage Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6204767
    Latitude
    42.027358

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    FAQs

    What type of property is this?
    Neighborhood center - Cedar Rapids, IA: 9,000 SF Available
    Where is this neighborhood center located?
    The property is located at 4840 1St Ave Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 9,000 SF vacant retail space in Cedar Rapids, IA's Lindale Crossing shopping center.; High visibility and accessibility at 4840 1st Ave NE, Cedar Rapids, IA 52402.; Located in a 43,544 SF strip center on a 3.46-acre lot with 263 parking spaces.
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    4840 1St Ave 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
    4840 1St Ave Cedar Rapids, IA 52402
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