Description
Approximately 2.30 acres located on the northeast corner of a larger 34-acre parcel. Currently zoned Agricultural, this site offers strong potential for future multifamily development, subject to rezoning. The planned extension of Tower Terrace Road along the south side of the parent parcel will enhance access and long-term value.
Property Highlights
Property Type: Land - Farm
Total Acres: 2.30 Acres
General Information
County: Linn
Listed By:
GLD COMMERCIAL
Michael Gibbs
319-731-3400
Cedar Rapids MLS
MLS ID: 2604886
Shown By
Agent Name: Nathan Stout
Agent Phone: (309) 507-0571
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Get in Touch
Shown By
Agent Name: Nathan Stout
Agent Phone: (309) 507-0571
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
8201 Council Street Ne, Cedar Rapids, IA 52402.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $400,000 | $400,000 | $400,000 |
| Down Payment | $80,000 | $14,000 | $100,000 |
| Monthly Mortgage Amount | $1,996 | $2,418 | $2,491 |
| Taxes | $557 | $557 | $557 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $176 | $0 |
| Monthly Estimated Total | $2,670 | $3,268 | $3,165 |