1065 Sierra Ct Cedar Rapids, IA 52402
- Office buildings
- 20,474 SF
- 2.56 lot acres
Current Use by Public Records
- Vanguard Appraisals, Inc / Software Company / Estate Appraiser
- Iowa Farmer Today / News Service
- Merrill Lynch Financial Advisor Kristen K Trovas / Financial Consultant / Financial Planner
- Merrill Lynch Wealth Management Advisor Alison Veldhuizen / Financial Consultant / Financial Planner
- Merrill Lynch Wealth Management / Financial Planner / Investment Service
Property Details for 1065 Sierra Ct
- Year built
- 2002
- Lot size
- 2.56 lot acres
- Property size
- 20,474 SF
- Property type
- Office buildings
- APN
- 14-16-2-78-018-0-0000
- APU
- 141627801800000
Description
This exceptional commercial property, located at 1065 Sierra Court in Cedar Rapids, Iowa, 52402, presents a unique opportunity. The single-building property encompasses a total of 20,000 square feet and is zoned T-ML. Currently, there is 6,000 square feet of vacant, first-floor office space available for lease within this multi-tenant building. The property features a single suite, offering flexibility for a variety of business needs. The building's address is 1065 Sierra Court, and its APN is 14162-78018-00000. This prime location in Cedar Rapids provides excellent access to transportation routes and local amenities. The spacious layout of the available 6,000 square feet is ideal for businesses seeking a substantial and well-situated office space. Interested parties should inquire for further details regarding lease terms and conditions. This is an excellent opportunity to establish a presence in a thriving Cedar Rapids commercial district. The property's size and zoning make it suitable for a range of commercial uses. The available space offers a blank canvas for businesses to customize their ideal workspace. Don't miss this chance to secure this desirable office space in a prime Cedar Rapids location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,855,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,960,000
- 6.5%
- $1,885,000
- 7%
- $2,015,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,190,000
- Geo Method
- $2,325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,020,000
- Retail
- $2,165,000
- Mixed-Use
- $1,945,000
- Hospitality
- $2,100,000
- Educational
- $2,090,000
- Residential Income
- $2,090,000
- Energy
- $1,950,000
- Income-Based Land
- $1,955,000
- Food Service
- $1,885,000
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6708
- Latitude
- 42.0011
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
