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230 38th St Drive SE

Cedar Rapids, IA 52403
  • $775,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 2600135
UPDATED: 38 min ago
$775,000
  • 0
    BEDS
  • 1.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,860
    SQFT
  • $37
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972
County:
Area:

School Ratings & Info

Description

Well-located 20,860 SF industrial building situated on 1.66 acres in southeast Cedar Rapids. The property features fenced outdoor storage—an increasingly hard-to-find and highly sought-after amenity in today’s market. This asset offers a compelling value-add investment opportunity with upside potential through lease-up, rental rate growth, and by making building and parking lot improvements. The functional building layout and ample site area provide flexibility for a wide range of warehouse, contractor, service, and light manufacturing users.

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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-01-16T10:42:42.587.
www.realtybrotherscr.com/homes/171769706
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230 38th St Drive SE Cedar Rapids, IA 52403

  • Price: $775,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 38 min ago
  • MLS #: 2600135
0
Beds
0
Baths
0
½ Baths
1.66
Acres
20,860
SQFT
$37
$/SQFT
1972
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Property Description
Well-located 20,860 SF industrial building situated on 1.66 acres in southeast Cedar Rapids. The property features fenced outdoor storage—an increasingly hard-to-find and highly sought-after amenity in today’s market. This asset offers a compelling value-add investment opportunity with upside potential through lease-up, rental rate growth, and by making building and parking lot improvements. The functional building layout and ample site area provide flexibility for a wide range of warehouse, contractor, service, and light manufacturing users.
Exterior Features

Construction Materials Block Concrete Steel Exterior Features Sprinkler / Irrigation Fencing Fenced Parking Features Off Street Roof Metal

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Gas Heating YN Yes Interior Features Storage Levels One

Property Features

Building Features Overhead Doors Private Restrooms Single- Tenant Inclusions Building Land Leasable Area 0 Lease Considered YN No Listing Terms Cash1031 Exchange Possession Closing Property Sub Type Warehouse Property Sub Type Additional Warehouse Industrial Sewer Public Sewer Tax Annual Amount 23540 Utilities Electricity Available Natural Gas Available Water Source Public Zoning SMC Zoning Description SMC

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Adam Gibbs of GLD COMMERCIAL: 319-731-3400.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-01-16T10:42:42.587.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411