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Property profile & analytics

2121 Towne NE Ln Cedar Rapids, IA 52402-2020

  • Manufacturing properties
  • 28,800 SF
  • 1.65 lot acres
OFF-MARKET
Value Estimations
$415,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-0173291
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Muslim American Society MAS Iowa / Mosque / Community Center
  • Aero Mayflower Transit Agency / Mover / Professional Services
  • 5 seasons upholstery and furniture / Upholstery Shop

Property Details for 2121 Towne NE Ln

Year built
1967
Lot size
1.65 lot acres
Property size
28,800 SF
Property type
Manufacturing properties
APN
14-04-2-76-005-0-0000
APU
140427600500000

Description

This exceptional industrial property, located at 2121 N Towne Ln NE in Cedar Rapids, Iowa, presents a prime opportunity for businesses seeking warehouse and distribution space. The North Towne Warehouse, built in 1967, offers a total of 28,800 square feet across a single suite within a 1.65-acre lot. Currently, 8,642 square feet of warehouse space is immediately available for lease. The space includes convenient features such as two dock-high doors, facilitating efficient loading and unloading of goods. The property's location in Linn County, Iowa, provides easy access to major transportation routes, making it an ideal location for distribution operations. The building's industrial classification and warehouse/distribution subtype cater to a wide range of businesses. The available space is part of a larger, single-suite building, offering potential for expansion or consolidation depending on tenant needs. The property's zoning and permitted uses should be verified independently. This is a rare opportunity to secure a well-located, functional warehouse space in a thriving Iowa market. The address is 2121 N Towne Ln NE, Cedar Rapids, IA 52402. The property features a small office area within the warehouse space. In addition to the dock-high doors, there are also two overhead doors.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $385,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $445,000
    Market price range: $315k - $736k
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $525,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Cedar Rapids
County
Linn
State
Iowa
Longitude
-91.6719
Latitude
42.0324
CBSA code
16300
CBSA name
CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,814
$214,500
$765,800
$980,300
-
$214,500
$765,800
$980,300
More about this property
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