931 Rockford Rd Cedar Rapids, IA 52404
- Warehouses
- 7,764 SF
- 0.37 lot acres
Current Use by Public Records
- Feaker Painting Inc / Painter
Property Details for 931 Rockford Rd
- Year built
- 1955
- Lot size
- 0.37 lot acres
- Property size
- 7,764 SF
- Property type
- Warehouses
- APN
- 14-29-4-33-006-0-0000
- APU
- 142943300600000
Description
This 7,764 square foot commercial property, located at 931 and 945 Rockford Road SW in Cedar Rapids, Iowa, presents a unique opportunity for businesses seeking versatile space. The single-tenant building, classified as Class C, offers a blend of retail, office, and industrial uses, encompassing flex space and traditional office areas within a warehouse setting. Built in 1955, the one-story building sits on a 0.367-acre lot (16,000 square feet) and features a three-story structure with ceiling heights ranging from 11 to 14 feet. The property includes two large overhead doors (measuring 12' x 14' and 12' x 10'), providing convenient access for loading and unloading. Ample off-street parking is available. The building benefits from recent roof updates (within the last four years) and is equipped with heated and cooled office/shop space. Its strategic location on Cedar Rapids' southwest side offers high visibility, with proximity to Veterans Memorial Stadium, Kingston Stadium, ImOn Ice Arena, Cargill Grain Elevator, and CRANDIC railway services. Easy access to 1st Avenue and I-380 ensures convenient transportation links. The property is zoned TI-MU and its Linn County APN is 14294-33006-00000. The property is available for sale or lease, with seller financing options considered.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $230,000
- 6.5%
- $245,000
- 7%
- $210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $240,000
- Retail
- $200,000
- Mixed-Use
- $210,000
- Hospitality
- $230,000
- Educational
- $190,000
- Residential Income
- $220,000
- Energy
- $235,000
- Income-Based Land
- $210,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.685
- Latitude
- 41.9674
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA