$1,450,000 $7,784 est/mo

310 Collins Road NE,Cedar Rapids, IA 52402

Name: 310 Collins Road Ne, Cedar Rapids, IA 52402
SKU: 2006174
Price: 1450000 USD
Availability: InStock

Cedar Rapids IA, 52402

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Description

Fully occupied, two tenant investment property at one of the best locations in Cedar Rapids on Collins Road NE between Lindale Mall and Rockwell Collins. Tenants are Nothing but Noodles and Americans for Prosperity. Both tenants recently renewed their leases early. NNN leases. Some of the highest traffic counts and demographics in Cedar Rapids. Great visibility and plenty of parking. With upcoming lease bumps NOI is approximately $98,000 per year.

Details

MLS#	2006174
Listing Type	For Sale
Style	Industrial
Sub-Type	Resale
Status	Active
Year	1977
Days On Site	183

Features

Story(s)	1
Zoning	Sub Mix

Market Activity 52402

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Jan 2021	Sales: 2	Avg $ Per SqFt: $94.56	Min Sale Price: $96,500	Max Sale Price: $100,000	Med Sale Price: $98,250
Date: Dec 2020	Sales: 6	Avg $ Per SqFt: $106.64	Min Sale Price: $142,900	Max Sale Price: $226,500	Med Sale Price: $178,500
Date: Nov 2020	Sales: 2	Avg $ Per SqFt: $92.72	Min Sale Price: $72,000	Max Sale Price: $156,000	Med Sale Price: $114,000
Date: Oct 2020	Sales: 2	Avg $ Per SqFt: $100.27	Min Sale Price: $152,000	Max Sale Price: $166,000	Med Sale Price: $159,000
Date: Sep 2020	Sales: 1	Avg $ Per SqFt: $145.11	Min Sale Price: $133,500	Max Sale Price: $133,500	Med Sale Price: $133,500
Date: Aug 2020	Sales: 1	Avg $ Per SqFt: $48.52	Min Sale Price: $105,000	Max Sale Price: $105,000	Med Sale Price: $105,000
Date: May 2020	Sales: 1	Avg $ Per SqFt: $124.48	Min Sale Price: $210,000	Max Sale Price: $210,000	Med Sale Price: $210,000

Jan 2021
Sales:	2
Avg $ Per SqFt:	$94.56
Min Sale Price:	$96,500
Max Sale Price:	$100,000
Med Sale Price:	$98,250
Dec 2020
Sales:	6
Avg $ Per SqFt:	$106.64
Min Sale Price:	$142,900
Max Sale Price:	$226,500
Med Sale Price:	$178,500
Nov 2020
Sales:	2
Avg $ Per SqFt:	$92.72
Min Sale Price:	$72,000
Max Sale Price:	$156,000
Med Sale Price:	$114,000
Oct 2020
Sales:	2
Avg $ Per SqFt:	$100.27
Min Sale Price:	$152,000
Max Sale Price:	$166,000
Med Sale Price:	$159,000
Sep 2020
Sales:	1
Avg $ Per SqFt:	$145.11
Min Sale Price:	$133,500
Max Sale Price:	$133,500
Med Sale Price:	$133,500
Aug 2020
Sales:	1
Avg $ Per SqFt:	$48.52
Min Sale Price:	$105,000
Max Sale Price:	$105,000
Med Sale Price:	$105,000
May 2020
Sales:	1
Avg $ Per SqFt:	$124.48
Min Sale Price:	$210,000
Max Sale Price:	$210,000
Med Sale Price:	$210,000

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Contact

Learn More About This Property

Jen Forslund

S45263000 (319) 560-5352

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Area Information
State	IA
County	Linn
City	Cedar Rapids
Zip Code	52402
Area	Linn
Listing VS Median (in 52402)
Price: $1,450,000 low \| high Med: $0 On Site: 183 low \| high Med: 141.5 100% of Average

Nearby Listings (Within 1/4 mile)

Price: $0 - $0

SqFt: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$0 375 Collins Road Ne #115 Cedar Rapids, IA 52402
	$0 375 Collins Road Ne #103 Cedar Rapids, IA 52402
	$0 375 Collins Road Ne #19 Cedar Rapids, IA 52402
	$0 373 Collins Road Ne #204 Cedar Rapids, IA 52402
	$0 373 Collins Road Ne #106 Cedar Rapids, IA 52402