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Property profile & analytics
OFF-MARKET
Neighborhood centers

4840 1St Ave Cedar Rapids, IA 52402

43,544 SF 3.46 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents 9,000 square feet of vacant space within the highly visible Lindale Crossing shopping center in Cedar Rapids, Iowa. Located at 4840 1st Ave NE, zip code 52402, this single-tenant space is part of a larger 43,544 square foot strip center situated on a prominent 3.46-acre lot in Linn County. The property boasts an impressive 263 parking spaces, ensuring ample convenience for customers. Its prime location offers unparalleled visibility and accessibility, making it an ideal space for a variety of retail businesses seeking a strong presence in a thriving market. The existing infrastructure and established customer base of Lindale Crossing provide a solid foundation for immediate success. This is a rare chance to secure a significant retail footprint in one of Cedar Rapids' most desirable commercial areas. The property's strategic location and ample parking make it an attractive option for businesses seeking high foot traffic and easy customer access. The substantial lot size also offers potential for future expansion or development. This space is ready for immediate occupancy and presents a unique opportunity for a business to establish itself in a high-traffic retail environment. Contact us today to learn more about this exceptional retail space.

Property profile
Verified
Property type Neighborhood centers
Total area 43,544 SF
Lot 3.46 ac (150,718 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
Current use
Occupant on record · Public records
  • Harbor Freight Tools Building Supply Hardware & Home Improvement
  • Reclaimed Wood Cedar Rapids Hardware & Home Improvement Home Decor Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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