985 Capital SW Dr Cedar Rapids, IA 52404-9096
- Warehouses
- 115,752 SF
- 11.00 lot acres
Current Use by Public Records
- FedEx Ground / Trucking Company / Delivery Service
Property Details for 985 Capital SW Dr
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 11.00 lot acres
- Property size
- 115,752 SF
- Property type
- Warehouses
- APN
- 19-29-1-51-002-0-0000
- APU
- 192915100200000
Description
This exceptional 115,617-square-foot industrial distribution center in Cedar Rapids, Iowa, presents a unique investment opportunity. Located at 985 Capital Dr SW, 52404, this single-tenant Class B building sits on an expansive 11-acre site, fully fenced and secured. Built in 2015, the facility boasts a 26-foot clear ceiling height, ideal for efficient warehousing and logistics operations. The property features 38 loading docks and 11 drive-in doors, ensuring seamless loading and unloading processes. In addition to the ample warehouse space, there is approximately 6,500 square feet of office space. Extensive parking is available for both cars and trucks. The building's previous use as a package processing facility provides significant power capacity. This well-maintained property offers a compelling opportunity for businesses seeking a strategically located, high-capacity distribution center. A significant incentive is available for qualified tenants: three months of free base rent. The property is situated in Linn County and offers easy access to major transportation routes. This is a rare opportunity to acquire a substantial, ready-to-occupy industrial space in a thriving market. The property is currently vacant.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $480,000
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Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6818
- Latitude
- 41.8865
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
