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    8923 Brighton Way Cedar Rapids, IA 52404

    For Sale
    $335,152

    1.29-Acre Commercial Lot, $335,152

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 1.29-acre commercial lot, located at 8923 Brighton Way SW, Cedar Rapids, IA 52404 (APN 192147600300000), is zoned S-MC and presents a prime investment opportunity. Situated in the thriving College Community and Kirkwood Community College district, this property boasts excellent visibility at the intersection of Wright Brothers Boulevard SW and Kirkwood Boulevard SW. Its strategic location offers easy access to I-380 and Highway 30, placing it within a few miles of the Eastern Iowa Airport. The high traffic volume on I-380, exceeding 58,000 vehicles daily, ensures significant exposure for any commercial venture. This lot is part of Big Ben Additions, a new mixed-use development with various lot sizes and options available, including build-to-suit possibilities and the potential to combine lots. The area is experiencing significant growth, with construction of hundreds of new residential homes planned nearby, further enhancing the property's value and potential. This is an exceptional opportunity to establish a business in a rapidly developing area with excellent infrastructure and high visibility. The property is offered at an asking price of $335,152.

    Property Features for 8923 Brighton Way

    General Information

    Property type
    Land
    Lot Size
    56,192 SF

    HighLights

    • 1.29‑acre commercial lot in a new mixed‑use development.
    • Prime location near Kirkwood and College Community.
    • Various lot sizes and options available, including build‑to‑suit.
    • Excellent access to Eastern Iowa Airport, I‑380, and Highway 30.
    • High traffic counts exceeding 58,000 vehicles daily on I‑380.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Clothing Store Auto Repair Shop Pharmacy Gym & Fitness Daycare Center Bar & Pub Hotel & Motel Bakery Smoke and Vape Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.656963525345
    Latitude
    41.890527872346

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    FAQs

    What type of property is this?
    Land - 1.29-Acre Commercial Lot, $335,152
    Where is this land located?
    The property is located at 8923 Brighton Way Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $335,152.
    What are key features of this property?
    This property features: 1.29-acre commercial lot in a new mixed-use development.; Prime location near Kirkwood and College Community.; Various lot sizes and options available, including build-to-suit.
    (319) 360-7017
    Request Owner's contact information
    8923 Brighton Way 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
    8923 Brighton Way Cedar Rapids, IA 52404
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