1410 Adair Court SW Lot 2, Cedar Rapids, IA 52404
Linn County
Key Facts
Description
Positioned in the fastest-growing area of Cedar Rapids near the expanding Eastern Iowa Airport, this 1.23-acre lot offers unmatched flexibility and investment potential. Zoned ILI (Commercial Mixed Use), it is well-suited for a wide range of uses including retail, office, industrial, restaurant, or business suites. This property can also be combined with the adjacent Lot 3 (1.34 acres) for a total of 2.57 acres, capable of supporting a 22,000 SF building with ample parking. Highlights: Flexible ILI zoning for mixed commercial uses Highly visible and accessible location near the airport and major growth corridor. City tax incentive package available Design/build services offered for a turnkey development solution One or more members of the ownership entity is a licensed Realtor in the State of Iowa.
Property Information
Property Type
Farm
Sub-Type
Unimproved Land
Lot Size
1.23 acres
Lot Dimensions
1.23 Acre
Days on Market
329
MLS® Listing#
2406804
Property Features
Lot Features
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$732
Parcel Number
192920100300000
Directions
380 S to Wright Bros Blvd exit, W on Wright Bros Blvd to Welty Park Ln SW, turn Lt (S) on Welty Park Ln SW
Affordability Calculator
$66,974
Estimated monthly payment
$1,782/mo
Principal $267,894 · Est. interest $373,736 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cedar Rapids, IA
- $308,629
- Median Listing Price
- 67
- Median Days on Market
- 1,677
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 414
- Active Listings
- This home’s price is 9% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cedar Rapids, IA.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 8705 Lewis Drive SW B, Cedar Rapids, IA | $234,750 | 2 | 2 | 1,332 |
| 8704 Eddie Drive SW B, Cedar Rapids, IA | $234,750 | 2 | 2 | 1,332 |
| 6715 Inwood Ln NE, Cedar Rapids, IA | $234,900 | 4 | 2 | 1,608 |
| 1012 S Marshall, Rock Rapids, IA | $234,900 | 4 | — | 1,994 |
| 1079 74th NE, Cedar Rapids, IA | $235,000 | 3 | 3 | 1,739 |
| 2504 Olive Street, Cedar Falls, IA | $235,000 | — | — | 1,148 |
Moving Cost Estimate
Listing Courtesy: Pinnacle Realty LLC - 3193930900
Presented by: Trev Adair