64th Ave Cedar Rapids, IA 52404
This exceptional 14.4-acre industrial land parcel is situated in the thriving Edgewood Logistics Park in Cedar Rapids, Iowa (zip code 52404), offering unparalleled access to major transportation arteries. Located in Linn County, the property boasts a General Industrial (Gen Ind) zoning designation, making it ideal for a wide range of industrial uses. The asking price is $2,038,608, translating to $3.25 per square foot. This prime location provides convenient access to Highway 30/Edgewood Road interchange (under 2 minutes) and the I-380/Airport interchange (5 minutes). The property benefits significantly from its adjacency to the new $576 million Google data center, underscoring the area's robust growth and future potential. While lot sizes are not yet finalized, build-to-suit options are available, subject to developer approval of intended use and building plans. All necessary street improvements and utilities will be provided by the developer. Potential buyers should be aware that covenants, codes, and restrictions may apply.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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