73 Acres in Cedar Rapids, IA - $1,790,000
This is an excellent investor opportunity to purchase 73 acres +/- of ready to development residential property. There are currently preliminary plats for approximately 43+/- acres and 22.4 +/- acres. City sewer and water are available to site along with other utilities. this is one of the last large northeast side areas ready for residential development. The proposed lots are sized for upper value homes and the adjacent existing new homes are already in the upper value price range. The right investor and/or builder can begin development and construction in a very short time period. There are approximately 10 acres appropriate for green space, recreation or some other type of use. This opportunity probably won't last long.
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