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Premier Owner/User Opportunity 3326 Johnson Ave NW 1,772 SF Retail Building Cedar Rapids, IA 52405 $650,000 ($366.82/SF)
INVESTMENT HIGHLIGHTS
- High-traffic, lighted intersection of Edgewood Road NW and Johnson Avenue NE - 31k VPD
- Solid demographic profile within a 3-mile radius - $89k HH income and 60k residents
- Dense retail corridor - area tenants include Walgreens, Dollar Tree, Casey’s General Store, and many others
EXECUTIVE SUMMARY
Premier owner-user opportunity located at the high-traffic, lighted intersection of Edgewood Road NW and Johnson Avenue NE - which carry more than 31,000 vehicles per day. This highly visible corridor offers exceptional exposure with canopy style façade signage and lighted pole sign along Edgewood Road NW and accessible from two curb cuts along each roadway. The property is positioned within a dense commercial node surrounded by national retailers, including Walgreens, Dollar Tree, Casey’s General Store, and many others, providing a mature trade area with limited retail vacancy. The demographic profile within the 3-mile radius surrounding the property features 60,000 residents earning average household incomes of $89,000. This is a prime corner site for an owner-occupant seeking visibility, accessibility, and ample parking in a strong Cedar Rapids corridor.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$7,280
|
$4.11
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,280
|
$4.11
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $7,280 |
| Annual Per SF | $4.11 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,280 |
| Annual Per SF | $4.11 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,772 SF
Building Class
C
Year Built
1960
Price
$650,000
Price Per SF
$366.82
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.30 AC
Zoning
Trad Mix
Parking
19 Spaces (10.72 Spaces per 1,000 SF Leased)
Frontage
123’ on JOHNSON AVE
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14302-28011-00000 | Total Assessment | $297,800 |
| Land Assessment | $155,000 | Annual Taxes | $7,280 ($4.11/SF) |
| Improvements Assessment | $142,800 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
14302-28011-00000
Land Assessment
$155,000
Improvements Assessment
$142,800
Total Assessment
$297,800
Annual Taxes
$7,280 ($4.11/SF)
Tax Year
2025
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Premier Owner/User Opportunity | 3326 Johnson Ave NW
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