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610 Boyson Rd NE 1.9 Acres of Commercial Land Offered at $297,000 in Cedar Rapids, IA 52402

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INVESTMENT HIGHLIGHTS

  • Heavy Traffic But Conveniently Located
  • Owner Flexible With Sale or Sale Leaseback. Possible Terms Considered.
  • Easy to Find and Get To For Customers and Employees

EXECUTIVE SUMMARY

Located next to bank and over 1,000 apartment units across the street. Rooftops of single familes demo are over $70,000 in income. This is the place you want to be. Previous development commitment for eye and dental clinic falls through so this is back on the market. Will consider an owner financing sale or land lease. *Part owner licensed real estate broker selling for profit or loss

PROPERTY FACTS

Price $297,000
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leased Fee)
  • Build to Suit
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.99 AC
Year Built 1977
Zoning O/C - for professional offices, business services, and commercial activities

1 LOT AVAILABLE

Lot 11341-7600

Price $297,000
Price Per AC $156,315.79
Lot Size 1.90 AC

1.9 acres. Fantastic location. Will consider land lease. Currently zoned Office/Service but can be rezoned to retail or multifamily depending on the planned use. One of the last lots left on the heavily traveled road. Priced under appraisal

DESCRIPTION

Prime development lot in the midst of fantastic demographics, traffic and a hotbed for customers and employees. *Part owner licensed real estate broker selling for profit or loss

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11341-76007-00000
Land Assessment
$191,300
Improvements Assessment
$0
Total Assessment
$191,300
  • Listing ID: 10877275

  • Date on Market: 12/6/2017

  • Last Updated:

  • Address: 610 Boyson Rd NE, Cedar Rapids, IA 52402

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