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    22 Prairie View Ln Cedar Rapids, IA 52404

    For Sale
    $975,000

    Prime Cedar Rapids commercial lot, 4.7 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4.7-acre commercial lot, identified as Lot 22 in the Prairie View Lane SW development, presents a unique investment opportunity in Cedar Rapids, Iowa. Located in Linn County, zip code 52404, this property offers unparalleled access to key transportation arteries. Its strategic location near the Cedar Rapids Airport, Interstate 380, and Highway 30 ensures high visibility and convenient access for businesses and employees. The asking price for this expansive parcel is $975,000, translating to a land value of $207,447 per acre. This makes it an attractive proposition for developers seeking a prime location to build a variety of commercial structures. The property is zoned for commercial use (specific zoning details should be independently verified). Given its size and location within the Prairie View Office Park, this lot is ideally suited for a range of commercial ventures, from office buildings and retail spaces to light industrial facilities. The coordinates for this property are latitude 41.8936684 and longitude -91.6636685. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. All information provided is deemed reliable but not guaranteed and should be independently verified.

    Property Features for 22 Prairie View Ln

    General Information

    Property type
    Land
    Lot Size
    204,732 SF

    HighLights

    • 4.7‑acre commercial lot in Cedar Rapids, IA (Lot 22, Prairie View Lane SW).
    • Prime location near Cedar Rapids Airport, I‑380, and Hwy 30.
    • $975,000 asking price; $207,447 per acre.
    • Commercially zoned (verify zoning details).
    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 Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6636685
    Latitude
    41.8936684

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    FAQs

    What type of property is this?
    Land - Prime Cedar Rapids commercial lot, 4.7 acres.
    Where is this land located?
    The property is located at 22 Prairie View Ln Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 4.7-acre commercial lot in Cedar Rapids, IA (Lot 22, Prairie View Lane SW).; Prime location near Cedar Rapids Airport, I-380, and Hwy 30.; $975,000 asking price; $207,447 per acre.
    (515) 453-5590
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    22 Prairie View Ln Cedar Rapids, IA 52404
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    Cedar Rapids, IA 52404
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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
    22 Prairie View Ln Cedar Rapids, IA 52404
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