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Property profile & analytics
OFF-MARKET
Turn key restaurants

3404 Mt Vernon SE Rd Cedar Rapids, IA 52403-3737

3,420 SF 0.24 ac lot Built 1958
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US25-0270484
Property summary
AI-generated overview

This exceptional 1,710-square-foot Class A retail space is ideally situated at the corner of Mt. Vernon Road SE and 34th Street in Cedar Rapids, Iowa. Located in Linn County, this single-tenant property offers a fantastic opportunity for a variety of businesses. The building is entirely vacant, presenting a blank canvas for your vision. Previously occupied by a Little Caesars pizza restaurant, the space benefits from existing infrastructure and a high-visibility location. The address is 3404 Mt. Vernon Road SE, Cedar Rapids, IA 52403. The property's convenient location ensures high foot traffic and excellent exposure to a substantial customer base. Its classification as Class A signifies superior construction quality and modern amenities. With its ample square footage and prime location, this property is perfect for a wide range of retail ventures seeking a strong presence in a thriving Cedar Rapids neighborhood. The property is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. This is a rare opportunity to secure a high-quality, vacant retail space in a desirable location. Don't miss out on this chance to establish your business in a prime Cedar Rapids commercial area.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Total area 3,420 SF
Lot 0.24 ac (10,454 SF)
APN 14-24-3-57-008-0-0000
UPID US25-0270484
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
  • Little Caesars Pizza Restaurant
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
A & A Real Estate LLC · 19 yrs held
A & A Real Estate LLC
since 2007
6 recorded transactions
2019
Price N/A
2007
$131,000
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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