Property profile

2100 Edgewood SW Rd Cedar Rapids, IA 52404

OFF-MARKET
Warehouses
Property ID
US25-0453580
65,248 SF 4.26 ac lot Built 1999
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.65-acre commercial land parcel, located at 2100 Edgewood Rd SW in Cedar Rapids, Iowa, presents a unique investment opportunity. Zoned for Suburban Mixed Use Community Center development, this pad-ready site boasts existing paving and utilities, significantly reducing development costs and timelines. The property enjoys exceptional visibility on Edgewood Road SW, a major thoroughfare with nearly 16,000 vehicles passing daily. Its strategic location within Cedar Rapids' southwest retail hub places it amongst established businesses such as Buffalo Wild Wings, Aldi, Starbucks, Life Storage, and numerous others, ensuring high foot traffic and brand synergy. The asking price is $825,000, representing a land value of $500,000 per acre. This property is ideal for developers seeking a turnkey solution for a new retail center or other permitted commercial uses within a thriving and densely populated area of Linn County, Iowa, zip code 52404. The site's existing infrastructure and prime location make it an attractive proposition for immediate development and strong return on investment. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing market.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1999
Total area 65,248 SF
Lot 4.26 ac (185,566 SF)
APN 13-36-1-76-015-0-0000
UPID US25-0453580

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

2100 Edgewood SW Rd Cedar Rapids, IA 52404-2342
Cedar Rapids metro Census 1005 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.21M

Owner & transaction history

since 2021
Last sale
$2.5M
1 recorded transaction
2021
$2.5M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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