Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tower Terrace Rd Cedar Rapids, IA 52411

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    20,000 SF Flex Warehouse in Cedar Rapids

    Lot size:
    20,000 SF

    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

    Spaces For Lease

    at 0 Tower Terrace Rd, Cedar Rapids, IA 52411 Contact us
    Unit Tower Terr Rd - 20,000 SF

    $8 /Mo

    Size
    20,000 SF
    Contact us

    We can help!

    Listing Contact
    Adam Gibbs
    Adam Gibbs

    Listing Agency: GLD Commercial Listing Agent: Adam Gibbs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    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 Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.677900901904
    Latitude
    42.058733035093

    Nearby Similar for Lease

    • Contact for pricing
      10,157 SF

      Cedar Rapids Office/Warehouse Space

      Class A office/warehouse near Kirkwood Community College.
      1025 Kirkwood Pkwy SW, Cedar Rapids, IA 52404
      View Details
    • Contact for pricing

      New Distribution Development Hub

      New industrial park with immediate access to major transportation routes.
      7825 18Th St Sw, Cedar Rapids, IA 52404
      View Details
    • $5 SF/Yr
      100,496 SF

      Warehouse Space with Cooler

      Warehouse space with cooler and immediate interstate access available.
      413 Southgate Ct SW, Cedar Rapids, IA 52404
      View Details
    • Contact for pricing
      4,000 SF

      Downtown Office/Classroom Space Available

      Office/classroom space for lease in downtown Cedar Rapids.
      219-227 2Nd Ave SE, Cedar Rapids, IA 52401
      View Details
    • Contact for pricing

      NewBo Mixed-Use Development Opportunity

      Mixed-use property in vibrant NewBo neighborhood with commercial and residential spaces.
      900 3Rd St Se, Cedar Rapids, IA 52401
      View Details
    • $12 SF/Yr
      1,553 SF

      Prime Edgewood Office Suite

      1,533 SF Office, High-Traffic Location
      5235 Buffalo Rdg Dr, Cedar Rapids, IA 52411
      View Details
    • $29 SF/Yr
      1,197 SF

      Retail Space with Drive-Thru

      Build-to-suit retail space with drive-thru in high-traffic area.
      4050 Westdale Pkwy SW, Cedar Rapids, IA
      View Details
    • Contact for pricing
      10,564 SF

      Class A Office Space Available

      Exceptional amenities in Northtowne Market development, Cedar Rapids, Iowa.
      1005 Blairs Ferry Rd NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing

      Cedar Rapids Mixed-Use Property

      Commercial space and apartments near downtown Cedar Rapids for lease.
      609 1St Ave Sw, Cedar Rapids, IA 52405
      View Details
    • $13 SF/Yr

      NewBo District Versatile Space

      Modern, industrial space in NewBo, suitable for retail or office.
      420 12Th Ave SE, Cedar Rapids, IA 52401
      View Details
    • $3,200,000
      32,256 SF

      Renovated Downtown Cedar Rapids Office

      Historic office building with modern amenities in downtown Cedar Rapids.
      123 5Th St SE, Cedar Rapids, IA 52401
      View Details
    • $8 SF/Yr
      4,786 SF

      Cedar Rapids Office Space for Lease

      Flexible Offices, Coworking & More
      4415 River Blvd, Cedar Rapids, IA 52402
      View Details

    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.
    (319) 731-3415 Call to check price and availability
    Request Owner's contact information
    Tower Terrace Rd Cedar Rapids, IA 52411
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tower Terrace Rd
    Cedar Rapids, IA 52411
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Adam Gibbs
    Adam Gibbs
    Real Estate License ID: B43857000
    (319) 731-3415 (319) 721-1520 (319) 731-3400
    Learn more
    Google sign-in failed. Please try again or use another login method.