5507 Ely RdCedar Rapids, IA 52404

  • Industrial properties
  • 245,000 SF
For Lease
$4.50/SF/YR View listing

Property Details for 5507 Ely Rd

Year built
1996
Lot size
21.20 AC
Property size (Sq ft)
245,000 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
19-11-3-26-001-0-0000
APU
191132600100000

Description

This exceptional 165,000-square-foot industrial property, located at 5507 Ely Rd SW in Cedar Rapids, Iowa, presents a significant opportunity for businesses seeking a versatile and strategically located facility. The single-tenant building, constructed in 1997, boasts a Class B rating and offers a spacious, single-story layout with a remarkable 30-foot ceiling height. Its functionality is further enhanced by twelve dock-high doors and a single drive-in door, perfectly suited for efficient loading and unloading operations. The property's location offers easy access to major transportation arteries, including Interstate 380 and Highway 30, ensuring seamless distribution capabilities. The building is currently vacant and ready for immediate occupancy. Power is provided by a robust 3-phase 480V system. The property's food-grade designation opens up a wide range of potential uses, making it an ideal choice for various manufacturing, flex, warehouse, distribution, and research & development operations. This expansive space, situated within the thriving Cedar Rapids market, offers a compelling combination of size, functionality, and location, making it a highly desirable asset for discerning businesses. The zip code is 52404.

5507 Ely Rd, Cedar Rapids, Iowa

Location Insight

City
Cedar Rapids
County
Linn
State
Iowa
Latitude
41.9245
Longitude
-91.6342
CBSA code
16300
CBSA name
CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$488,510
$1,139,400
$12,207,900
$13,347,300
-
$1,139,400
$12,207,900
$13,347,300

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