$135,000
$15K PRICE DROP

8905 6th St SW Unit Land Lease Cedar Rapids, IA 52404

Estimated payment $846/month

Total Views 37,852
1.65 Acres
$81,818 Price per Acre
71,874 Sq Ft Lot

Highlights

  • Commercial or Retail Space
  • Prairie Ridge Elementary School Rated A-
  • Level Lot

About This Lot

This home is located at 8905 6th St SW Unit Land Lease, Cedar Rapids, IA 52404 and is currently priced at $135,000. 8905 6th St SW Unit Land Lease is a home located in Linn County with nearby schools including Prairie Crest Elementary School, Prairie Heights Elementary School, and Prairie View Elementary School.

Listing Agent

Adam Gibbs

GLD Commercial Real Estate Advisors Listed on: 12/28/2023

Co-Listing Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Property Type

  • Land

Lot Details

  • 1.65 Acre Lot
  • Property fronts an interstate
  • Level Lot
  • Property is zoned Suburban MU Reg Ctr

Home Design

  • Commercial or Retail Space

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 19282-26010-00000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Commercial
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Remarks: Land lease opportunity for 1.65 Acres of 4.46 Acre site. $135,000/year NNN with 2.5% annual escalations. Shovel-ready commercial building site strategically located at the intersection of I-380 and Wright Brothers Blvd SW. Well suited for C-store, quick-serve restaurant or retail/sales and service operation. High traffic and high visibility with Average Daily Traffic in excess of 25,000 vehicles at this corner. This intersection is so hot the DOT and the City of Cedar Rapids are working together on a newly engineered traffic design system that will include multiple improvements, such as a new on-ramp to I-380 and expansion of the roadway with additional lanes. A member of the ownership entity is a licensed REALTOR in the state of Iowa.
  • Potential Use: Commercial/Industrial
  • Directions: Located at the SE corner of 6th Street SW and Wright Brothers Blvd SW.
  • L O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County/City Road, Interstate Service, Pavement

Utilities

  • Internet: Yes
  • Utilities Available: Electricity, Natural Gas, Sewer, Water-City

Lot Info

  • Acreage: 1.65
  • Geo Subdivision: IA
  • Zoning: Suburban MU Reg Ctr
  • Estimated Lot Sq Ft: 1-2 Acres, 2-5 Acres
  • Present Use: Platted
  • Topology: Level

Tax Info

  • Assessor Parcel Number: 19282-26010-00000

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Price Changed $135,000 -10.0% --
12/28/2023 12/28/23 For Sale $150,000 -- --
Source: Iowa City Area Association of REALTORS®

Source: Iowa City Area Association of REALTORS®

MLS Number: 202306438

Iowa City Area Association of REALTORS®
Iowa Linn County Cedar Rapids 52404

8905 6th St SW Unit Land Lease, Cedar Rapids, IA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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Adam Gibbs
Listing Agent
Adam Gibbs
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GLD Commercial Real Estate Advisors
(319) 408-8827