IA 52404 Cedar Rpd Cedar Rapids, IA 52404
- Land
- 5.37 lot acres
Current Use by Public Records
- Land
Property Details for IA 52404 Cedar Rpd
- Lot size
- 5.37 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
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
- -91.665
- Latitude
- 41.8818
