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    327 Edgewood Rd Cedar Rapids, IA 52405

    Sponsored
    For Sale
    $320,000

    Prime Cedar Rapids development land, high visibility, 1.88 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.884-acre commercial land parcel, located at 327 Edgewood Road NW in Cedar Rapids, Iowa, presents a unique investment opportunity. Zoned T-MC and S-MF, this property boasts a highly desirable location within a thriving commercial district, offering excellent visibility and accessibility. With over 24,000 vehicles passing daily on nearby Edgewood Road NW and Johnson Avenue NW, this site benefits from significant traffic counts. The property is conveniently situated near major thoroughfares including 1st Avenue, Bus Route 151, Interstate 380, and Highway 30, ensuring easy access for customers and employees. The surrounding area features a diverse mix of retail and service businesses, including restaurants and bars, creating a vibrant and established commercial environment. The parcel includes addresses 324, 330, 336, and 342 Chester Lane NW, offering flexibility in development plans. The asking price is $320,000. The Linn County Assessor's Parcel Number (APN) is 143022800600000. This is a for-sale-by-owner opportunity for an investor seeking prime development land in a high-traffic area of Northwest Cedar Rapids. The property is located in zip code 52405.

    Property Features for 327 Edgewood Rd

    General Information

    Property type
    Land
    Lot Size
    82,067 SF

    HighLights

    • Prime commercial development land in a high‑traffic area.
    • High daily traffic count of 24,000 vehicles.
    • Excellent visibility from Edgewood Rd NW and Johnson Ave NW.
    • Convenient access to major roadways including 1st Ave, Business 151, I‑380, and Hwy 30.
    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
    -91.714887076582
    Latitude
    41.975386809198

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    FAQs

    What type of property is this?
    Land - Prime Cedar Rapids development land, high visibility, 1.88 acres.
    Where is this land located?
    The property is located at 327 Edgewood Rd Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Prime commercial development land in a high-traffic area.; High daily traffic count of 24,000 vehicles.; Excellent visibility from Edgewood Rd NW and Johnson Ave NW.
    Request Owner's contact information
    327 Edgewood Rd Cedar Rapids, IA 52405
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    Cedar Rapids, IA 52405
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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
    327 Edgewood Rd Cedar Rapids, IA 52405
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