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    C Ave Cedar Rapids, IA 52402

    For Sale
    $2,408,543

    13.05 Acres, $2.4M, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 13.05-acre commercial land parcel presents a unique investment opportunity in Cedar Rapids, Iowa. Strategically located on C Avenue NE, it enjoys high visibility and accessibility due to its proximity to the soon-to-be-completed Tower Terrace Road extension, which will directly connect to Interstate 380. This prime location offers easy access to I-380 via the extension, approximately 3 miles away. The property is situated amidst established residential areas, ensuring a strong potential customer base. The asking price is $2,408,543, translating to a land value of $4.25 per square foot. The site's potential is further enhanced by its suitability for subdivision, although specific lot options and deed restrictions should be explored. This property is ideal for developers seeking to capitalize on the growth and development in this rapidly expanding area of Cedar Rapids, Linn County, IA 52402. The property's location offers excellent visibility and accessibility, making it an attractive option for a variety of commercial uses. Further details regarding subdividing options and deed restrictions are available upon request.

    Property Features for 0 C Ave

    General Information

    Property type
    Land
    Lot Size
    568,458 SF

    HighLights

    • $2,408,543 asking price for 13.05 acres of commercial land.
    • Located on C Ave NE, Cedar Rapids, IA 52402.
    • Land value: $4.25/SF.
    • Situated near the under‑construction Tower Terrace Rd extension, providing easy access to I‑380.
    • Surrounded by residential areas.
    • Subdividing options and deed restrictions available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.638513413704
    Latitude
    42.058085208959

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    FAQs

    What type of property is this?
    Land - 13.05 Acres, $2.4M, High Traffic
    Where is this land located?
    The property is located at C Ave Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $2,408,543.
    What are key features of this property?
    This property features: $2,408,543 asking price for 13.05 acres of commercial land.; Located on C Ave NE, Cedar Rapids, IA 52402.; Land value: $4.25/SF.
    (319) 900-6032
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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
    C Ave Cedar Rapids, IA 52402
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