NOT LISTED FOR SALE

1165 Capital Dr SW Cedar Rapids, IA 52404

26.1 Acres
-- Price per Acre
1,136,916 Sq Ft Lot

Last Sold December 15, 2017

Last sale price $1,645,000

870 Days on Market

Highlights

  • 26.1 Acre Lot
  • Prairie Ridge Elementary School Rated A-
  • Level Lot

About This Lot

As of December 2017

*INCLUDES 1200 COMMERCE PARK, CR. LOTS 4 & 5. 26.1 ACRES OF PRIME INDUSTRIAL DEVELOPMENT GROUND IN SW QUADRANT NEAR THE AIRPORT, WITH ALL UTILITIES TO THE SITE. PROPERTY IS ZONED I-1. PAD READY. ADJACENT TO I-380. LOTS 4 & 5 MUST BE SOLD TOGETHER. LAND LEASE AVAILABLE TO QUALIFIED PROSPECTS. SELLER WILL CONSIDER A BUILD-TO-SUIT FOR QUALIFIED PARTIES.

Last Agent to Sell the Property

Douglas Laird

SKOGMAN REALTY COMMERCIAL Listed on: 01/27/2015

SKOGMAN REALTY COMMERCIAL

Co-Listed By

Scott Olson

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Tiffany Earl-Williams

SKOGMAN REALTY COMMERCIAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $153,588

Lot Details

  • 26.1 Acre Lot
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$153,588

Lot Details

0

Listing Details

  • Acres: 26.1000
  • City Name: Cedar Rapids
  • Current Zoning: I-1
  • List User Cell Phone: 319-360-8577
  • Potential Use: COMMERCIAL, IND
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.96464
  • Ratio Close Price By Original Li: 0.96464
  • Tax Roll Number: 192915100300000
  • Water Sewer Roads: City Water, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric
  • Sewer: City Sewer

Lot Info

  • Lot Size: 1,136,916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Capital One Prop Llc
Bought by
Md3 1165 Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,739,157
Outstanding Balance
$4,215,227
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Md3 1165 Capital Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Md3 1165 Capital Llc $4,739,157
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $1,645,000 -3.5% --
06/15/2017 06/15/17 Pending -- -- --
01/27/2015 01/27/15 For Sale $1,705,300 -- --
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $153,588 $4,619,400 $679,900 $3,939,500
2024 $142,838 $4,433,900 $679,900 $3,754,000
2023 $142,838 $4,246,300 $679,900 $3,566,400
2022 $140,620 $3,974,000 $679,900 $3,294,100
2021 $118,400 $7,268,100 $679,900 $6,588,200
2020 $118,400 $3,259,400 $294,400 $2,965,000
2019 $2,366 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1500755

Cedar Rapids Area Association of REALTORS®

APN: 19291-51010-00000