Cedar Rapids, Iowa, offers a diverse range of industrial properties for sale, providing investors with a unique opportunity to tap into the city's strong economy. With a population of around 140,000, Cedar Rapids is a significant economic center in Iowa, boasting a rich cultural scene, excellent transportation infrastructure, and a diverse range of industries. Industrial properties in Cedar Rapids can represent a variety of investments, from manufacturing and logistics facilities to warehouses and distribution centers. The city's strategic location, situated at the core of the Interstate 380 corridor, makes it an attractive destination for businesses seeking to establish a strong presence in the Midwest. Cedar Rapids is also home to several major corporations, including Rockwell Collins, Transamerica Corporation, and General Mills, which contribute to the city's economic landscape. The city's amenities, such as its regional airport, major highways, and network of railroads, make it an ideal location for industrial properties.
Cedar Rapids is home to 6 industrial properties for sale, offering a range of options for investors. The average price per square foot for these properties is $102 USD, with an average size of 23,316 square feet. The largest property available spans 49,800 square feet. In addition to industrial properties, Cedar Rapids also offers a range of other property types, including warehouses, land, apartment buildings, and commercial real estate. Warehouses in Cedar Rapids provide ample storage and distribution space, while land properties offer opportunities for development and growth. Apartment buildings and commercial real estate in Cedar Rapids cater to the city's growing population and diverse range of businesses. With its strong economy, excellent infrastructure, and diverse range of industries, Cedar Rapids is an attractive destination for investors seeking to capitalize on the city's growth potential.
What is the average price per square foot for industrial properties in Cedar Rapids?
The average price per square foot for industrial properties in Cedar Rapids is $102 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Cedar Rapids, as they impact the ease of doing business, accessibility, and connectivity to markets, suppliers, and customers.
- Proximity to major highways, such as Interstate 380, U.S. Highways 30, 151, and 218, and Iowa Highway 13 and Iowa Highway 100, can increase property values due to improved transportation access and reduced logistics costs.
- The presence of railroads, including the Union Pacific, Cedar Rapids and Iowa City Railway (Crandic), Canadian National, and Iowa Northern Railway Company, can also enhance property values by providing alternative transportation options and increasing connectivity to regional and national markets.
- In addition, the availability of air transportation through The Eastern Iowa Airport and bus services via Burlington Trailways can further boost property values by facilitating the movement of people, goods, and services.
