0 16Th Ave Cedar Rapids, IA 52404
This exceptional 15-acre parcel in Cedar Rapids, Iowa, presents a unique investment opportunity. Located at 0 16th Ave SW, this property is zoned S-MU Community Center, offering flexibility for diverse development projects. Its prime location provides convenient access to Interstate 380 and Highway 30, ensuring high visibility and easy transportation. The seller is open to subdividing the land into smaller parcels for qualified buyers, making it accessible to a wider range of developers. This expansive tract of land is ideal for both residential and commercial ventures, presenting a rare chance to capitalize on its strategic location and potential for significant growth. The property's APN is 13341-01002-00000. This is a for-sale-by-owner listing with an asking price of $1,250,000. The property's versatility makes it an attractive investment for those seeking to create a thriving residential community or a bustling commercial center in a rapidly developing area of Cedar Rapids. The location offers excellent visibility and accessibility, making it a highly desirable site for a variety of projects. This is a rare opportunity to acquire a significant land holding in a prime location within Linn County, Iowa, with easy access to major transportation arteries. The seller's willingness to consider subdividing the land further enhances its appeal to a broader range of potential buyers.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.