1101 J NE Ave Cedar Rapids, IA 52402-3830
- Specialty properties
- 1,836 SF
- 0.34 lot acres
Jul 17, 2023
Current Use by Public Records
- Cedar Rapids Construction & Remodeling / Construction Company
Property Details for 1101 J NE Ave
- Year built
- 1987
- Lot size
- 0.34 lot acres
- Property size
- 1,836 SF
- Property type
- Specialty properties
- APN
- 14-16-4-28-005-0-0000
- APU
- 141642800500000
Description
This exceptional investment opportunity in Cedar Rapids, Iowa, presents a 4,136 square foot flex space ideally situated on a 0.34-acre lot at 1101 J Ave NE. Boasting prime visibility adjacent to I-380, this property benefits from daily traffic counts exceeding 35,000 vehicles on the northbound lanes, ensuring maximum exposure. The building, constructed in 1987 and extensively renovated in 2023, features a single story with a permitted T-IM zoning. The property includes a 2,300 square foot warehouse with 15-foot ceilings, two overhead doors, a mezzanine level, and ample shelving, perfect for storage and distribution needs. The 1,836 square foot office space complements the warehouse, offering 10-foot ceilings, a large reception area, three private offices, a conference room, a small kitchen, a storage room, and two restrooms. This versatile property is currently vacant and offered at $575,000, translating to $139.02 per square foot. The property's location, recent renovations, and ample space make it an attractive investment for a variety of businesses. The APN is 14164-28005-00000. This is a for sale by owner property.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $190,000
- ML approach
- $185,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $200,000
- COMMERCIAL (GENERAL)
- $140,000
- AUTO REPAIR, GARAGE
- $135,000
- OFFICE BUILDING
- $115,000
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Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6659
- Latitude
- 41.9993
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA