1407 Cedar Rpd Cedar Rapids, IA 52404
This exceptional 12,800-square-foot industrial warehouse, situated at 1407 Adair Court SW in Cedar Rapids, Iowa, presents a unique opportunity for businesses seeking flexible and modern space. Completed in 2024, this single-story building offers four suites, with a minimum divisible space of 3,200 square feet and a maximum contiguous space of 12,800 square feet, accommodating a variety of needs. The property boasts a strategic location, providing convenient access to I-380, Highway 30, and the Eastern Iowa Airport, ensuring seamless connectivity to Cedar Rapids, Iowa City, and Coralville. The warehouse features 18-foot clear ceiling heights, maximizing storage and operational efficiency. Four dock-high doors and four drive-in doors facilitate easy loading and unloading, while the 3-phase, 200-amp electrical service ensures ample power for diverse operations. The 2.48-acre lot (APN 192920101600000) in Linn County provides ample space for expansion or outdoor storage. The building is equipped with a sprinkler system and allows for prominent signage, enhancing brand visibility. Zoned L-I, this property is ideal for showrooms, contractors, storage, or distribution businesses seeking a modern, efficient, and strategically located facility. Currently, the entire 12,800 square feet is vacant.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.