1 Innovation Dr Cedar Rapids, IA 52404
- Land
- 289.00 lot acres
Current Use by Public Records
- Land
Property Details for 1 Innovation Dr
- Lot size
- 289.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 289-acre site, located in Cedar Rapids, Iowa, presents a unique opportunity for industrial development. Situated at Lot 1 Innovation Drive SW, 52404, Linn County, this property boasts a General Industrial zoning designation, making it ideal for a wide range of industrial uses. The land is pad-ready, offering significant advantages to developers. All necessary entitlement work, including zoning, is already completed, streamlining the development process and saving valuable time and resources. The asking price includes comprehensive site preparation, encompassing mass grading, utility installation, road infrastructure construction, and the development of regional detention facilities. Up to 115 acres are currently available for immediate development. Construction of the mass grading is scheduled to commence in Spring 2023, further accelerating the project timeline. The property's convenient location provides immediate access to Interstate 380 via Innovation Drive, ensuring excellent connectivity and logistical efficiency. The property's APN is 192017600300000. This is a truly exceptional opportunity to acquire a fully prepared industrial site in a thriving location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- LINN
- State
- Iowa
- Longitude
- -91.6793
- Latitude
- 41.8922