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    5455 Blairs Ferry Rd Cedar Rapids, IA 52411

    Sponsored
    For Sale
    $871,153

    2.05 Acres, $871,153

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.05-acre commercial land parcel in Cedar Rapids, Iowa, presents a unique investment opportunity. Located at 5455 Blairs Ferry Road NE, in Linn County, zip code 52411, this property is zoned S-MR and offers significant potential for development. The land is priced at $871,153, translating to $9.75 per square foot. Its strategic location within the Edgewood Town Centre (ETC) development, anchored by a large Fleet Farm store, provides easy access to Highway 100/Collins Road extension and the I-380 interchange, ensuring high visibility and accessibility. Daily traffic counts on Edgewood Road NE exceed 35,000 vehicles. The area boasts the highest household income demographics in a rapidly expanding residential and commercial submarket, making it an ideal location for a variety of commercial ventures. The property's proximity to other successful commercial developments like The Fountains and Peck's Landing further enhances its appeal. This site is perfect for businesses seeking high visibility and access to a thriving consumer base. The flexible zoning allows for a range of development possibilities, making it an attractive option for investors seeking a strong return on investment in a prime Cedar Rapids location.

    Property Features for 5455 Blairs Ferry Rd

    General Information

    Property type
    Land
    Lot Size
    89,298 SF

    HighLights

    • 2.05‑acre commercial land parcel in Cedar Rapids, IA, priced at $871,153 ($9.75/SF).
    • Excellent location at 5455 Blairs Ferry Road NE, within the Edgewood Town Centre, anchored by Fleet Farm.
    • High visibility and accessibility with over 35,000 vehicles daily on Edgewood Road NE, and easy access to Hwy 100/Collins Rd extension and I‑380.
    • S‑MR zoning allows for diverse development options in a high‑income, rapidly growing area near The Fountains and Peck's Landing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Department Store Garden Center Discount Store Electrical Service Pawn Shop Florist Locksmith

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.704040960285
    Latitude
    42.034825643296

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    FAQs

    What type of property is this?
    Land - 2.05 Acres, $871,153
    Where is this land located?
    The property is located at 5455 Blairs Ferry Rd Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $871,153.
    What are key features of this property?
    This property features: 2.05-acre commercial land parcel in Cedar Rapids, IA, priced at $871,153 ($9.75/SF).; Excellent location at 5455 Blairs Ferry Road NE, within the Edgewood Town Centre, anchored by Fleet Farm.; High visibility and accessibility with over 35,000 vehicles daily on Edgewood Road NE, and easy access to Hwy 100/Collins Rd extension and I-380.
    (319) 360-7017
    Request Owner's contact information
    5455 Blairs Ferry Rd Cedar Rapids, IA 52411
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    Cedar Rapids, IA 52411
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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
    5455 Blairs Ferry Rd Cedar Rapids, IA 52411
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