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    2 Earhart Ln Cedar Rapids, IA 52404

    Sponsored
    For Sale
    $914,760

    Prime Cedar Rapids commercial lot, 3.5 acres, $914,760.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.5-acre commercial land parcel presents a unique investment opportunity in Cedar Rapids, Iowa. Located at Lot 2 Earhart Ln SW, 52404, this property boasts a strategic location directly across from the new Pilot Truck Stop on Earhart Lane, offering high visibility and convenient access. Its proximity to the Cedar Rapids Airport and major transportation arteries, Interstate 380 and Highway 30, ensures excellent connectivity for businesses. The land is priced at $914,760, translating to $261,360 per acre, reflecting its prime location within the Prairie View Office Park. Situated at the entrance of Earhart Lane and Wright Brothers Blvd, this lot provides unparalleled exposure and accessibility for any commercial venture. The property's size and location make it ideal for a variety of commercial developments, offering significant potential for growth and return on investment. Linn County's thriving business environment and strategic location further enhance the appeal of this exceptional commercial land offering. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a rapidly developing area of Cedar Rapids. Don't miss out on this chance to secure a prime piece of real estate in a thriving market.

    Property Features for 2 Earhart Ln

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • $914,760 asking price for 3.5 acres of commercial land.
    • $261,360 per acre land value.
    • Located in Cedar Rapids, IA, at Lot 2 Earhart Ln SW, 52404.
    • Across from a new Pilot Truck Stop on Earhart Lane.
    • Near Cedar Rapids Airport, Interstate 380, and Highway 30.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Wholesale Shop Clothing Store Pharmacy Auto Parts Store Hotel & Motel 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
    -91.6662942
    Latitude
    41.88628

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    FAQs

    What type of property is this?
    Land - Prime Cedar Rapids commercial lot, 3.5 acres, $914,760.
    Where is this land located?
    The property is located at 2 Earhart Ln Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $914,760.
    What are key features of this property?
    This property features: $914,760 asking price for 3.5 acres of commercial land.; $261,360 per acre land value.; Located in Cedar Rapids, IA, at Lot 2 Earhart Ln SW, 52404.
    (515) 453-5590
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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
    2 Earhart Ln Cedar Rapids, IA 52404
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