Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Edgewood Rd Cedar Rapids, IA 52411
    Back to Search
    Property profile & analytics

    Edgewood Rd, Cedar Rapids, IA 52411

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Edgewood Rd

    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    Edgewood Pointe presents a unique investment opportunity in Cedar Rapids, Iowa. This 29.52-acre parcel, situated on Edgewood Road NE near Highway 100, offers exceptional visibility and high traffic counts. Previously the Transamerica site, the property is zoned S-MR, permitting a diverse range of development options. Ideal for a mixed-use project, the land is well-suited for office, retail, multi-family residential, condominium, or senior housing developments. Its convenient location provides easy access to all areas of Cedar Rapids. The site plan is conceptual, allowing for significant flexibility in design and development. This is a rare chance to acquire a large, strategically located parcel in a thriving Iowa city, ready for a dynamic and impactful development. The property is being offered for sale by owner. The address is Edgewood Rd NE, Cedar Rapids, IA 52411. This prime location offers significant potential for a developer seeking to create a vibrant and successful mixed-use community. The property's size and zoning provide ample room for creativity and innovation in design. The high traffic counts and excellent visibility ensure strong potential for attracting tenants and customers. This is a truly exceptional opportunity to shape the future of Cedar Rapids.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.7023
    Latitude
    42.0239

    Comparable in this City

    • Value Estimation by Request
      1.40 Acres

      IA Cedar Rpd

      Retail properties & Spaces
      IA Cedar Rpd, Cedar Rapids, IA 52411
      View Details
    • Value Estimation by Request
      12,840 SF

      42Nd St

      Day care centers
      0 42Nd St, Cedar Rapids, IA 52411
      View Details
    • Value Estimation by Request
      12,840 SF

      42Nd St

      Day care centers
      0 42Nd St, Cedar Rapids, IA 52411
      View Details
    • Value Estimation by Request

      5235 Buffalo Rdg Dr

      Neighborhood centers
      5235 Buffalo Rdg Dr, Cedar Rapids, IA 52411
      View Details
    • Value Estimation by Request
      12,579 SF

      5100 Fountains Dr

      Retail properties & Spaces
      5100 Fountains Dr, Cedar Rapids, IA 52411
      View Details
    • Value Estimation by Request
      12,579 SF

      5100 Fountains Dr

      Restaurants
      5100 Fountains Dr, Cedar Rapids, IA 52411
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      New Construction Warehouse/Flex Building

      New construction warehouse/flex building in Robins Landing development.
      000 Sf, Robins, IA 52411
      View Details
    • Contact for pricing

      New Construction Warehouse/Flex Space

      New construction warehouse/flex building in Robins Landing development.
      000 Sf, Robins, IA 52411
      View Details
    • Contact for pricing

      New Construction Warehouse/Flex Building

      New construction warehouse/flex space in mixed-use development, flexible size.
      000 Sf, Robins, IA 52411
      View Details
    • $64,900
      0.31 Acres

      Residential Land in Cedar Rapids

      Build your dream home in a custom neighborhood!
      5727 Seminole Valley Trl NE, Cedar Rapids, IA 52411
      View Details
    • Contact for pricing
      Pending

      Commercial Lots in Growing Hub

      Commercial lots available in Cedar Rapids' growing commercial sub-market.
      4510 Pr Stone Dr NE, Cedar Rapids, IA 52411
      View Details
    • Contact for pricing
      Pending

      Commercial Lots in Edgewood Centre

      Commercial lots available in Cedar Rapids' growing Edgewood Centre.
      4620 Pr Stone Dr NE, Cedar Rapids, IA 52411
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail/Office Space Available

      First-generation suite in high-traffic area, ideal for diverse businesses.
      5235 Buffalo Rdg Dr, Cedar Rapids, IA 52411
      View Details
    • Sponsored
      Contact for pricing

      IA, Cedar Rapids - N River Blvd NE

      Discover many ways to work your way in IA, Cedar Rapids - N River Blvd NE
      4415 River Blvd, Cedar Rapids, IA 52411
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with tailored options for any business.
      4415 N River Blvd NE, Cedar Rapids, IA 52411
      View Details
    • Contact for pricing
      50,000 SF

      Class A Office Space

      Class A office space with multiple amenities and easy access.
      3925 Fountains Blvd NE, Cedar Rapids, IA 52411
      View Details
    • Contact for pricing

      Warehouse/Flex Space Build-to-Suit

      New warehouse/flex space in mixed-use development, customizable to tenant.
      Tower Terrace Rd, Cedar Rapids, IA 52411
      View Details
    • Contact for pricing
      20,000 SF

      Warehouse/Flex Space Near I-380

      Build-to-suit warehouse/flex space in a live-work-play development.
      Tower Ter Rd & Robins Rd, Cedar Rapids, IA 52411
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Edgewood Rd
    Cedar Rapids, IA 52411
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Edgewood Rd, Cedar Rapids, IA, 52411
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!