400 49Th Avenue DrCedar Rapids, IA 52404

  • Warehouses
  • 210,000 SF
For Lease
$6.50/SF/YR View listing

Property Details for 400 49Th Avenue Dr

Year built
2001
Lot size
13.20 AC
Property size (Sq ft)
210,000 SF
Property type
Warehouses
APN
19-10-2-01-005-0-0000
APU
191020100500000

Description

This Cedar Rapids, IA industrial property offers 210,000 total square feet of warehouse, distribution, and refrigerated/cold storage space in a single, one-story building constructed in 2001. The property sits on 13.2 acres of land and is zoned for general industrial use. Currently, 100,000 square feet is available, divisible down to 10,000 square feet, offering flexible options for tenants. The building boasts a 28-foot ceiling height, ten loading docks, and on-site trailer storage within a secured yard featuring a guard shack. The space is AIB-certified and USDA food-certified, suitable for food-grade or non-hazardous product storage. It also includes an ESFR sprinkler system and racked storage. Utilities are included in the lease rate. The property's strategic location near the Highway 30/I-380 cloverleaf provides excellent access to transportation networks. Third-party logistics (3PL) services are available under a separate contract, potentially including racked storage, advanced handling, 24/7 access and security, customized reporting, contract packaging, and transportation services. The property's Class C designation and Linn County location further enhance its appeal. The APN is 191020100500000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $39,567,424
    Hospitality
    $36,243,548
    Educational
    $30,154,206
    Medical
    $31,191,256
    Retail
    $46,906,544

Location Insight

City
Cedar Rapids
County
Linn
State
Iowa
Latitude
41.9329
Longitude
-91.6514
CBSA code
16300
CBSA name
CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$313,976
$817,500
$7,787,100
$8,604,600
-
$817,500
$7,787,100
$8,604,600

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