0 Tower Terrace Rd Cedar Rapids, IA 52411
This exceptional 70,000-square-foot industrial property, situated on an 18.19-acre lot in Cedar Rapids, Iowa, offers a unique opportunity for businesses seeking flexible warehouse or flex space. The single-story, 2025-built building is currently entirely vacant and available for immediate occupancy. The space is divisible to a minimum of 25,000 square feet, allowing for customization to suit various operational needs. Features include a 25-foot clear height, an ESFR sprinkler system, ample power, multiple loading docks and overhead doors. The property is zoned PLI and boasts an excellent location less than a mile from I-380, within the Robins Landing development, a vibrant mixed-use community incorporating residential, commercial, and recreational elements. The landlord is open to negotiating build-out of office space for qualified tenants at an additional cost. Construction is estimated to be completed within 10-12 months of lease execution. The property's APN is 11291-76002-00000. This is an ideal location for businesses seeking modern, efficient, and strategically located industrial space in a thriving community.
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
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