425 Colton CirCedar Rapids, IA 52402

  • Commercial real estate
  • 1.34 AC
For Lease
$26/SF/YR View listing

Property Details for 425 Colton Cir

Lot size
1.34 AC
Property type
Commercial real estate
APN
11-34-1-04-010-0-0000
APU
113410401000000

Description

This exceptional 6,000 square foot retail property, located at 425 Colton Cir NE in Cedar Rapids, Iowa, presents a unique investment opportunity. Built in 2024, this Class B building sits on a 1.34-acre lot (APN: 113410401000000) and is zoned T-MU, offering flexibility for various uses. The single-story structure is currently available for multiple tenants, with spaces divisible down to 1,000 square feet, ideal for storefront businesses, fast-food restaurants, or banks. Its prime location at the corner of C Ave and Boyson Road in Linn County (zip code 52402) provides excellent visibility and accessibility. The property boasts convenient access from both C Ave and Boyson Road, making it highly attractive to potential tenants and customers. For qualified tenants, the owner is open to build-to-suit options, tailoring the space to specific business needs. This shovel-ready site presents a rare chance to establish a thriving business in a high-traffic area. The property's versatility and prime location make it an exceptional investment opportunity in a growing market. Contact us today to learn more about this remarkable retail space and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,997,860
    Hospitality
    $10,073,980
    Educational
    $8,381,434
    Medical
    $8,669,684
    Retail
    $13,037,785
425 Colton Cir, Cedar Rapids, Iowa

Location Insight

City
Cedar Rapids
County
Linn
State
Iowa
Latitude
42.0478
Longitude
-91.6398
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
2022
$3,974
$145,200
$27,900
$173,100
-
$145,200
$27,900
$173,100

FAQs

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