Location: 1405 26th Avenue Ct SW , Cedar Rapids, Iowa, 52404, United States

Light Industrial Zoned Land with Mobile, Climate Controlled Pods in Cedar Rapids, IA

Starting bid: $450,000.00

Auction has not started yet

Start On: April 29, 2024 11:00 am CDT

Time Until Start: 31 days, 8 hours, 47 minutes

Ending On: May 1, 2024 11:00 am CDT

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Description

 Co-Listed with Michael Smith CBRE Hubbell Commercial Iowa License#:S43822000

Commercial Land Zoned Light Industrial with Climate Controlled Pods in Prairie Ridge Business Park

Minimum Bid/Published Reserve Price: $450,000.00

Previously Valued to: $1,507,500.00

Buyer’s Premium: 6%

Cooperating Broker Commission: 2%

Lot Size: Approx. 5.0 AC (217,800 SF) 

Zoned: Light Industrial (I-LI)

Interstate Access:  Quick access to I-380 via 33rd Ave SW,
Wilson Avenue, and 6th Street SW

Public transit: within 1 block of property

Utilities: All utilities to the site

Click to View: 1405 26th Ave Ct, Cedar Rapids Flyer Rev 2.5.24

Click to View: Site Plan

Click to View: Site Fencing

Click to View: Floorplan – Pod Layout Diagram

This approximately 5 acre commercial development parcel zoned light industrial with climate controlled pods and all utilities to the site is well located with quick access to I-380 and public transit within 1 block of the property.  It is also in close proximity to a number of area retailers, restaurants, and entertainment establishments.

The developed portion of the parcel is paved, fenced and includes a mobile pre-fab climate-controlled building (2,816 SF).  The mobile climate controlled pods are state-of-the-art, and include security/entry vestibule, laboratory, locker room, growing and extraction rooms, and extensive HVAC and power enhancements.

Nearby businesses in Prairie Ridge Business Park include: Linn County DHS, Crescent Electric Supply, Terracon Consulting, and Area Ambulance.

Pre-auction offers highly encouraged!

 

Total Bids Placed:

Auction starting April 29, 2024 11:00 am CDT

Auction Information

ONLINE-ONLY AUCTION

Bidding Starts: April 29, 2024 11:00 am CDT

Bidding Ends: May 1, 2024 11:00 am CDT

Location: 1405 26th Avenue Ct SW , Cedar Rapids, Iowa, 52404, United States

How to Submit Pre-Auction Bid

Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.

How to Register & Bid Online

Register: If you do not have an account on this website, click the “Sign-Up” button above and complete the brief registration form. We will then send you an email with a verification link that you must click in order to create a new account.

Important: You must be pre-approved to bid online. Follow these instructions to get approved to bid online:

BID APPROVAL PROCESS:

Review all information and due dilligence documents posted on the property listing on our website.

Read the Terms and Conditions and Purchase and Sale Agreement posted on the property listing on our website.

Wire or overnight the certified funds required to bid on the property (for amount required see Terms and Conditions).

Click the “Register to Bid” button.

You will receive an email notifying you that you have been approved to bid on the property.

If you have any questions, contact us. We would be happy to assist you.


For wiring instructions email: info@awproperties.com or call 847-509-2757.

There is a 6% Buyer's Premium ($6.00 minimum applies) in effect for this auction.

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