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    1405 26Th Avenue Ct Cedar Rapids, IA 52404

    For Sale
    $400,000

    5-Acre I-LI Zoned Land, $400K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5-acre commercial land parcel, located at 1405 26th Avenue Ct SW in Cedar Rapids, Iowa, presents a unique investment opportunity. Zoned Light Industrial (I-LI), this property offers convenient access to Interstate 380 via multiple connecting roadways, ensuring seamless transportation logistics. Public transit is conveniently located within one block, providing employees and clients with easy access. All utilities are available at the site. The lot's size, approximately 217,800 square feet, provides ample space for various industrial uses. Its strategic location within the Prairie Ridge Business Park places it in close proximity to established businesses such as Linn County DHS, Crescent Electric Supply, Terracon Consulting, and Area Ambulance, as well as a variety of retail, dining, and entertainment options. This property is ideal for businesses seeking a well-connected and established location in a thriving industrial area of Cedar Rapids, within the 52404 zip code. The property's zoning allows for a wide range of light industrial applications. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking to establish or expand their operations in the Cedar Rapids market. The asking price is $400,000.

    Property Features for 1405 26Th Avenue Ct

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre lot (217,800 SF) in Cedar Rapids, IA.
    • Light Industrial (I‑LI) zoning.
    • Excellent I‑380 access via multiple routes.
    • Public transit within one block.
    • All utilities available on‑site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -91.6902484
    Latitude
    41.9533575

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    FAQs

    What type of property is this?
    Land - 5-Acre I-LI Zoned Land, $400K
    Where is this land located?
    The property is located at 1405 26Th Avenue Ct Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 5-acre lot (217,800 SF) in Cedar Rapids, IA.; Light Industrial (I-LI) zoning.; Excellent I-380 access via multiple routes.
    Request Owner's contact information
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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
    1405 26Th Avenue Ct Cedar Rapids, IA 52404
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