1405 26Th Avenue Ct Southwest, Cedar Rapids, IA 52404
For Sale
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This exceptional 5-acre commercial land parcel, located at 1405 26th Avenue Ct SW in Cedar Rapids, Iowa, presents a unique investment opportunity. Zoned Light Industrial (I-LI), this property offers convenient access to Interstate 380 via multiple connecting roadways, ensuring seamless transportation logistics. Public transit is conveniently located within one block, providing employees and clients with easy access. All utilities are available at the site. The lot's size, approximately 217,800 square feet, provides ample space for various industrial uses. Its strategic location within the Prairie Ridge Business Park places it in close proximity to established businesses such as Linn County DHS, Crescent Electric Supply, Terracon Consulting, and Area Ambulance, as well as a variety of retail, dining, and entertainment options. This property is ideal for businesses seeking a well-connected and established location in a thriving industrial area of Cedar Rapids, within the 52404 zip code. The property's zoning allows for a wide range of light industrial applications. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking to establish or expand their operations in the Cedar Rapids market. The asking price is $400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.