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    Tower Terrace Rd Cedar Rapids, IA 52411

    For Lease
    $8 SF/Yr

    70,000 SF Flex/Warehouse in Cedar Rapids

    Lot size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 70,000-square-foot industrial property, situated on an 18.19-acre lot in Cedar Rapids, Iowa, offers a unique opportunity for businesses seeking flexible warehouse or flex space. The single-story, 2025-built building is currently entirely vacant and available for immediate occupancy. The space is divisible to a minimum of 25,000 square feet, allowing for customization to suit various operational needs. Features include a 25-foot clear height, an ESFR sprinkler system, ample power, multiple loading docks and overhead doors. The property is zoned PLI and boasts an excellent location less than a mile from I-380, within the Robins Landing development, a vibrant mixed-use community incorporating residential, commercial, and recreational elements. The landlord is open to negotiating build-out of office space for qualified tenants at an additional cost. Construction is estimated to be completed within 10-12 months of lease execution. The property's APN is 11291-76002-00000. This is an ideal location for businesses seeking modern, efficient, and strategically located industrial space in a thriving community.

    Property Features for 0 Tower Terrace Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,000 SF
    Total Rate
    52208.33

    Building Details

    Year Built
    2025
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Tower Terr Rd - 70,000 SF
    Size
    70,000 SF
    Rate per SF
    $8

    HighLights

    • Build‑to‑suit warehouse and flex space available.
    • Excellent signage opportunities for high visibility.
    • Prime location, under one mile from I‑380.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.678038959345
    Latitude
    42.058739478401

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    FAQs

    What type of property is this?
    Distribution property - 70,000 SF Flex/Warehouse in Cedar Rapids
    Where is this distribution property located?
    The property is located at Tower Terrace Rd Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Build-to-suit warehouse and flex space available.; Excellent signage opportunities for high visibility.; Prime location, under one mile from I-380.
    Request Owner's contact information
    Tower Terrace Rd Cedar Rapids, IA 52411
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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
    Tower Terrace Rd Cedar Rapids, IA 52411
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