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Property profile & analytics
OFF-MARKET
Land

IA 52404 Cedar Rpd Cedar Rapids, IA 52404

5.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.37-acre parcel, located at Parcel A Ackerman Dr SW, Cedar Rapids, IA 52404 (Linn County, zip code 52404), presents a prime opportunity for light industrial development. Zoned Industrial - LI, this property boasts convenient access to I-380, placing it minutes from the Cedar Rapids airport. The strategic location offers significant advantages for businesses requiring easy highway access and proximity to air travel. The site's versatility allows for a range of uses, including contractor bays, storage facilities, warehouses, repair shops, wholesale distribution centers, and light manufacturing. This offering presents a unique chance to acquire a substantial land holding suitable for immediate development. The property is currently owned by Doris Ackerman and is being offered as a 1031 exchange opportunity. The lot size provides ample space for a single large development or multiple smaller projects. While the APN is currently TBD, the property is readily identifiable and available for immediate due diligence. Further expansion opportunities exist, with the potential to combine or modify the parcel to accommodate up to 25+ buildable acres. The asking price for this exceptional property is $1,000,000.

Property profile
Verified
Property type Land
Lot 5.37 ac (233,917 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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