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4221 Mt Vernon Road SE Cedar Rapids, IA 52403 Land - Lot/Land Active

New - 19 Hours Ago
  • 4221 Mt Vernon Road Se, Cedar Rapids, IA 52403 Main Photo

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Description

Approximately 5.50 acres of commercial land for sale along E Post Road and Mt. Vernon Road. Ownership is willing to subdivide the property to meet buyer's specific needs. Prime retail land fronting Mt. Vernon Rd is at $16.00/SF and the less visible land is negotiable in price. A conceptual site plan is included to show potential development layouts, subject to change. The site is part of a larger 18.55 acre development, with the southern portion planned for low-flex residential, creating a unique opportunity. The entire 18.55 AC parcel could be purchased as well. Please contact listing agent for more details.

Property Highlights

Property Type: Land - Lot/Land
Total Acres: 5.50 Acres

General Information

County: Linn
Listed By:
GLD COMMERCIAL Michael Gibbs 319-731-3400
Cedar Rapids MLS
$3,833,280
Est. $25,585/mo
New to the Market Active
LOT SIZE 5.500 acres MLS#2604890
STATUSActive PROPERTY TYPELand - Lot/Land

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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4221 Mt Vernon Road Se, Cedar Rapids, IA 52403.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $3,833,280$3,833,280
Down Payment $134,165$766,656
Monthly Mortgage Amount $22,870$19,132
Taxes $5335$5335
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,299$0
Monthly Estimated Total $31,622$25,585

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