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    OFF-MARKET
    Land

    110 Audrey Way, Cedar Rapids, IA 52404

    2.28 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.28-acre commercial lot, located at 110 Audrey Way SW in Cedar Rapids, Iowa (APN 192147600300000), is zoned S-MC and presents a unique investment opportunity. Situated in the thriving College Community and Kirkwood Community College district, this property boasts excellent visibility at the intersection of Wright Brothers Boulevard SW and Kirkwood Boulevard SW. Its strategic location offers easy access to I-380 and Highway 30, placing it within close proximity to the Eastern Iowa Airport. The high traffic volume on I-380, exceeding 58,000 vehicles daily, ensures significant exposure for any commercial venture. This lot is part of Big Ben Additions, a new mixed-use development, and benefits from the construction of several hundred new residential homes planned nearby. The property offers flexibility with build-to-suit options and the possibility of combining with adjacent lots. This presents a compelling opportunity for businesses seeking a prominent location in a rapidly growing area of Cedar Rapids. The asking price is $889,728.

    Property profile
    Verified
    Property type Land
    Lot 2.28 ac (99,317 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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