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    230 Collins Rd Neb Cedar Rapids, IA 52402-3117
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    Property profile & analytics

    230 Collins Rd Neb, Cedar Rapids, IA 52402-3117

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    • Drive through restaurants
    • 2,886 SF
    • 1.24 lot acres
    Off-Market
    Property ID
    US25-1908926
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Raising Cane's Chicken Fingers / Restaurant / Take-out & Catering

    Property Details for 230 Collins Rd Neb

    Year built
    2022
    Lot size
    1.24 lot acres
    Property type
    Drive through restaurants
    APN
    14-02-2-76-009-0-1001
    APU
    140227600901001

    Description

    This exceptional 30,094 square foot commercial land parcel presents a unique investment opportunity in Cedar Rapids, Iowa. Situated at 230 Collins Road NE, zip code 52402, this single-tenancy property boasts a prime location within a thriving retail corridor. The site benefits from high visibility and exceptional daily traffic counts exceeding 38,000 vehicles on Collins Road NE. This makes it an ideal location for a variety of commercial developments. The property is currently available for ground lease or a reverse build-to-suit arrangement, offering flexibility for potential developers. Its adjacency to the new Raising Cane's restaurant, slated to open in 2022, further enhances its desirability and potential for synergistic growth. This rare pad site presents a compelling opportunity to establish a strong presence in a high-traffic area of Cedar Rapids, capitalizing on the existing retail momentum and significant daily traffic volume. The property's size and location make it suitable for a wide range of commercial uses, offering significant potential for return on investment. Serious inquiries are encouraged to explore this exceptional opportunity.


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    Location Insight

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    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6308
    Latitude
    42.0286
    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
    2022
    $22,228
    $620,000
    $796,200
    $1,416,200
    -
    $620,000
    $796,200
    $1,416,200
    More about this property
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