1940 Blairs Ferry Rd Hiawatha, IA 52233
- Strip malls
- 20,669 SF
- 3.46 lot acres
Current Use by Public Records
- UnityPoint Clinic - Express (Peck's Landing) / Walk-In Clinic / Urgent Care Center
- Carly Roskop, NP / Nurse Practitioner
- Rachel Blackford, ARNP / Nurse Practitioner
- Mackenzie J. VanRees, PA-C / Physician Assistant
- Tamara Meier, ARNP / Nurse Practitioner
Property Details for 1940 Blairs Ferry Rd
- Year built
- 2018
- Lot size
- 3.46 lot acres
- Property size
- 20,669 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 14-06-1-04-001-0-0000
- APU
- 140610400100000
Description
This exceptional 7,646 square foot commercial property, located at 1940 Blairs Ferry Road #Lot 1B #102 in Hiawatha, Iowa, offers flexible office space ideal for various businesses. Built in 2018, the building boasts high ceilings ranging from 11 to 14 feet, providing a spacious and modern feel. The property is currently fully vacant and available for lease, with a minimum divisible space of 932 square feet and a maximum contiguous space of 2,529 square feet. Multiple tenancy options are available within this versatile space, suitable for traditional or executive office uses, as well as retail or restaurant concepts. Situated on a 19-acre lot within Peck's Landing, a master-planned retail power center, this location offers excellent visibility at the intersection of Blairs Ferry Road and Edgewood Road NE. The property benefits from easy access to I-380 and Highway 100/Collins Road extension, and is conveniently located across from a rapidly expanding residential and commercial sub-market in Cedar Rapids, boasting the highest household income in the metro area. The property is zoned C-3 and is located in Linn County, Iowa, zip code 52233. This prime location and flexible space make it an excellent opportunity for businesses seeking high visibility and convenient access.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $750,000
- 6.5%
- $655,000
- 7%
- $735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $650,000
- Geo Method
- $740,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $745,000
- Retail
- $635,000
- Mixed-Use
- $840,000
- Hospitality
- $645,000
- Educational
- $815,000
- Residential Income
- $715,000
- Energy
- $725,000
- Income-Based Land
- $795,000
- Food Service
- $625,000
Location Insight
- Map
- Local Demand
- City
- Hiawatha
- County
- Linn
- State
- Iowa
- Longitude
- -91.6978
- Latitude
- 42.0351
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
