145 Audrey Way Cedar Rapids, IA 52404
- Retail properties
- 47,467 SF
- 1.09 lot acres
Current Use by Public Records
- Retail properties
Property Details for 145 Audrey Way
- Lot size
- 1.09 lot acres
- Property size
- 47,467 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
This exceptional 1.09-acre lot, located at 145 Audrey Way SW in Cedar Rapids, Iowa (52404), presents a unique investment opportunity. The vacant 47,467 square foot property is zoned for retail, office, grocery store, restaurant, and bar uses, offering significant flexibility for diverse commercial ventures. Situated in the thriving College Community and Kirkwood Community College district, this property benefits from high visibility at the corner of Wright Brothers Boulevard SW and Kirkwood Boulevard SW, ensuring excellent exposure to a substantial customer base. The location provides convenient access to I-380 and Highway 30, with I-380 traffic counts exceeding 58,000 vehicles daily. Proximity to the Eastern Iowa Airport further enhances its appeal. The property is part of Big Ben Additions, a development poised for growth, with construction of hundreds of new residential homes planned for this year in the adjacent area. This strategic location, combined with the substantial lot size and versatile zoning, makes this property an ideal choice for developers and investors seeking a high-impact commercial investment in a rapidly expanding area of Cedar Rapids. The asking price is $282,429.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6564
- Latitude
- 41.8909
