941 66Th Ave SW, Cedar Rapids, IA 52404
For Sale
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This exceptional 24,766-square-foot industrial warehouse, situated on a generous 4.13-acre lot in Cedar Rapids, Iowa, presents a compelling investment opportunity. Built in 1977 and zoned for light industrial use, the property boasts a single-tenant occupancy and is currently entirely vacant, offering immediate possession. The building features an impressive array of 16 overhead doors, with dimensions ranging from 14x16 feet to 12x14 feet. Seven of these doors are conveniently configured as drive-through bays, enhancing operational efficiency. Additional features include a wash bay, a service counter, dedicated office space, valuable mezzanine storage, a parts room, and ample on-site parking for employees and visitors. A significant advantage is the approximately 2.0 acres of vacant land located on the south side of the building, providing substantial potential for expansion, outdoor storage, or the construction of an additional structure. The seller is flexible regarding the possession date, as the current business is relocating in 2025. This property's combination of size, features, and land availability makes it an attractive prospect for a wide range of industrial businesses seeking a well-equipped and strategically located facility in Cedar Rapids, IA, zip code 52404.
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ATC Auto Truck Center Inc. Auto Repair Shop
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ATC Collision Center Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.