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    Tower Terrace Rd Cedar Rapids, IA 52411

    For Lease
    $8 SF/Yr ($14,916 /Mo)

    20,000 SF Flex Warehouse in Cedar Rapids

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 20,000-square-foot industrial property, located on Tower Terrace Road in Cedar Rapids, Iowa, offers a unique build-to-suit opportunity within the vibrant Robins Landing development. The property is zoned PLI and sits on an expansive 18.19-acre lot (APN: 11291-76002-00000). Currently entirely vacant, this warehouse/flex space boasts a 25-foot clear height, ample power provisions, multiple loading docks and overhead doors, and an ESFR sprinkler system. The building's size is adaptable to tenant needs, and the landlord is prepared to customize office space for a suitable tenant at an additional cost. Construction is anticipated to take 10-12 months from lease signing. This prime location provides easy access to Interstate 380, less than a mile away, offering excellent connectivity and logistical advantages. Robins Landing is a mixed-use development incorporating residential, commercial, and recreational elements, creating a dynamic and convenient environment. This property is ideal for businesses seeking a modern, flexible, and strategically located warehouse or flex space in a thriving community. The property is located in Linn County, Iowa, with a zip code of 52411.

    Property Features for 0 Tower Terrace Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    14916.67

    Unit(s) available at that property

    Space
    Tower Terr Rd - 20,000 SF
    Size
    20,000 SF
    Rate per SF
    $8

    HighLights

    • 20,000 SF build‑to‑suit warehouse/flex space on 18.19‑acre lot in Robins Landing, Cedar Rapids, IA.
    • High‑visibility signage opportunities.
    • Prime location, less than 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
    -91.677900901904
    Latitude
    42.058733035093

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    FAQs

    What type of property is this?
    Flex space - 20,000 SF Flex Warehouse in Cedar Rapids
    Where is this flex space 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: 20,000 SF build-to-suit warehouse/flex space on 18.19-acre lot in Robins Landing, Cedar Rapids, IA.; High-visibility signage opportunities.; Prime location, less than one mile from I-380.
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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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