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    2700 Mount Vernon Rd Cedar Rapids, IA 52403

    For Sale
    $315,000

    0.765-acre development opportunity in Cedar Rapids.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.765-acre commercial land parcel, located at 2700 Mount Vernon Road SE in Cedar Rapids, Iowa, presents a unique build-to-suit opportunity. Zoned T-MU, this shovel-ready site is ideally situated on a high-traffic corner, boasting over 20,000 vehicles passing daily. The property's prime location within Linn County, zip code 52403, offers excellent visibility and accessibility. Its proximity to high-end residential areas and the vibrant NewBo District ensures a strong customer base for any development. The site can accommodate a new building of up to approximately 8,000 square feet, making it suitable for a variety of uses, including office, retail, or multifamily development. The asking price is $315,000. The property's APN is 14234-56013-00000. This is an owner-financed sale. This is a rare chance to acquire a highly desirable commercial lot in a thriving Cedar Rapids neighborhood. Don't miss this chance to capitalize on this prime location and build your vision.

    Property Features for 2700 Mount Vernon Rd

    General Information

    Property type
    Land
    Lot Size
    33,323 SF

    HighLights

    • 0.765‑acre development land in Cedar Rapids, IA.
    • Shovel‑ready site, ready for immediate construction.
    • High‑traffic corner lot with over 20,000 vehicles daily.
    • Site accommodates up to approximately 8,000 square feet.
    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
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.628133560562
    Latitude
    41.977175868569

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    FAQs

    What type of property is this?
    Land - 0.765-acre development opportunity in Cedar Rapids.
    Where is this land located?
    The property is located at 2700 Mount Vernon Rd Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 0.765-acre development land in Cedar Rapids, IA.; Shovel-ready site, ready for immediate construction.; High-traffic corner lot with over 20,000 vehicles daily.
    (319) 360-7017
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    2700 Mount Vernon Rd Cedar Rapids, IA 52403
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    Cedar Rapids, IA 52403
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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
    2700 Mount Vernon Rd Cedar Rapids, IA 52403
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