3220 Wiley SW Blvd Cedar Rapids, IA 52404-4771
This exceptional 6,856 square foot Class A retail property, located at 3220 Wiley Blvd SW in Cedar Rapids, Iowa, is available for $1,800,000. Built in 2005, this vacant property sits on a 3.69-acre lot (160,736.4 sq ft) and features one single-story building with encompassing windows providing abundant natural light. The property boasts a commanding pylon sign, two 12x12 overhead doors, and a vast off-street parking lot. Additional features include a well-lit yard and ample green space. The interior offers a versatile warehouse service area with open showroom and office spaces, suitable for a variety of business uses. The property is zoned S-MU Regional Center and enjoys a highly desirable location near Westdale Town Center, with nearby retail anchors including Target, Walmart Supercenter, Kohl's, and Menards. Its strategic location provides easy access to major highways such as Highway 151, Highway 30, and I-380. The property is currently vacant, with an occupancy date of January 11, 2024. The price per square foot is $262.54. This is an owner-sale opportunity. The Linn County APN is 200112600500000. This property presents a unique redevelopment or retail opportunity in a thriving commercial area.
-
Westdale Used Car Superstore Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.