You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Drive through restaurants

230 Collins Rd Neb Cedar Rapids, IA 52402-3117

2,886 SF 1.24 ac lot Built 2022
Entity Owned Absentee Owner Free & Clear
Property ID
US25-1908926
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2022
Total area 2,886 SF
Lot 1.24 ac (54,014 SF)
APN 14-02-2-76-009-0-1001
UPID US25-1908926
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Raising Cane's Chicken Fingers Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
KASADA LLC
KASADA LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 230 Collins Rd Neb?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message