2700 Mount Vernon Rd Cedar Rapids, IA 52403
This exceptional 0.765-acre commercial land parcel, located at 2700 Mount Vernon Road SE in Cedar Rapids, Iowa, presents a unique build-to-suit opportunity. Zoned T-MU, this shovel-ready site is ideally situated on a high-traffic corner, boasting over 20,000 vehicles passing daily. The property's prime location within Linn County, zip code 52403, offers excellent visibility and accessibility. Its proximity to high-end residential areas and the vibrant NewBo District ensures a strong customer base for any development. The site can accommodate a new building of up to approximately 8,000 square feet, making it suitable for a variety of uses, including office, retail, or multifamily development. The asking price is $315,000. The property's APN is 14234-56013-00000. This is an owner-financed sale. This is a rare chance to acquire a highly desirable commercial lot in a thriving Cedar Rapids neighborhood. Don't miss this chance to capitalize on this prime location and build your vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.