64th Ave Cedar Rapids, IA 52404
This exceptional 5.6-acre industrial land parcel is situated in the thriving Edgewood Logistics Park in Cedar Rapids, Iowa, offering unparalleled access to major transportation arteries. Located at 64th Ave SW, Lot 4, this property boasts a strategic southwest location, providing a less than two-minute drive to the Highway 30/Edgewood Road interchange and a five-minute drive to the I-380/Eastern Iowa Airport interchange. The asking price is $792,792, translating to $3.25 per square foot. This site is zoned for General Industrial use and is ideally positioned adjacent to the upcoming $576 million Google data center, underscoring the significant growth potential of this area. Build-to-suit options are available, although developer approval of the buyer's intended use and building plans is required. The developer will provide street access and utilities to the site. Note that various lot sizes are available as final platting has not yet occurred, and standard covenants, codes, and restrictions may apply. This presents a unique opportunity to establish a presence in a rapidly expanding industrial hub.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.