2435 Edgewood SW Rd Cedar Rapids, IA 52404-3251
Property Lookup
Property profile & analytics
2435 Edgewood SW Rd Cedar Rapids, IA 52404-3251
- Theaters & concert halls
- 46,181 SF
- 9.57 lot acres
Property ID
US25-1283115
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.
Location Intelligence
Current Use by Public Records
- Theaters & concert halls
Property Details for 2435 Edgewood SW Rd
- Year built
- 1998
- Lot size
- 9.57 lot acres
- Property size
- 46,181 SF
- Property type
- Theaters & concert halls
- APN
- 14-31-3-27-027-0-0000
- APU
- 143132702700000
Description
This vacant, 46,181-square-foot movie theater building presents a unique redevelopment opportunity in Cedar Rapids, Iowa. Situated on a 7.11-acre lot in the Westdale Town Center, this single-story, 1998-constructed building boasts a prime location along a high-traffic retail corridor (19,400 AADT) with excellent highway access via US Highway 151-BUS, US Highway 30, and Interstate 380 (within 2.5 miles). The property is anchored by major retailers including JCPenney, Ross Dress for Less, Burlington, PetSmart, Walmart, Target, Menards, and Harbor Freight. Culver's, IHOP, and Texas Roadhouse are immediately adjacent. The area offers strong growth potential, with a projected 5% population increase within a one-mile radius over the next five years, and submarket rents averaging $13.38 per square foot. The property's proximity to Eastern Iowa Airport, BAE Systems, and two major hospitals (UnityPoint Health – St. Luke’s and Mercy Medical Center) further enhances its appeal. The 7.11-acre parcel includes approximately 297 parking spaces and is zoned S-MR Suburban Mixed Use Regional Center. This property offers significant potential for a variety of retail uses. The building is accessible from Edgewood Road SW from both the north and south, and from 33rd Street SW, Westdale Drive SW, and 29th Avenue SW via the Edgewood Parkway SW shopping-center road. The property was originally constructed in 1998 for Carmike Cinema and was operated by AMC Theatres from 2016 to 2020.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $575,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.7145
- Latitude
- 41.9536
- 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
$79,754
$1,842,000
$513,000
$2,355,000
-
$1,842,000
$513,000
$2,355,000
