0 Center Point Rd Cedar Rapids, IA 52328
This exceptional 0.96-acre commercial and industrially zoned lot in Robins, Iowa, presents a unique investment opportunity. Located on North Center Point Road, this property boasts a generous 158.97-foot curb width, offering ample space for development. With 41,701 buildable square feet, the possibilities are vast. The lot's strategic location provides convenient access to major roadways, including proximity to County Home Road (0.6 miles), Tower Terrace Road (3 miles), and Boyson Road (4.5 miles). Utilities are readily available through Linn County REC, Alliant Energy, and USA Communications. A yearly HOA fee of $500 covers storm water detention maintenance, with a one-time $500 startup fee. This property is zoned for commercial use, making it suitable for a wide range of businesses. Furthermore, the property is eligible for REDI (Robins Economic Development Initiative) Tax Abatement, potentially offering significant financial advantages to the buyer. This is a rare opportunity to acquire a well-situated, ready-to-develop lot in a growing area. The asking price is $175,000. The property is situated in Linn County, Iowa, with the zip code 52328.
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
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.