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Property profile & analytics
OFF-MARKET
Land

64th Ave Cedar Rapids, IA 52404

5.6 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5.6 ac (243,936 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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