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423 Southgate Court SW, Cedar Rapids, IA 52404

Linn County

Key Facts

104,040Sq Ft
1978Year Built
5.87Lot (acres)
1Stories

Description

50,000 - 104,040 SF industrial property situated on 5.87 acres, featuring nearly 1.5 acres of outdoor truck parking. 20 ft sidewalls, 25 ft column spacing, and 17 ft clear height. Key features include 11 docks, 1 drive-in door, a wet sprinkler system, a Positive Air System, automatic LED lighting, and a backup generator for operational reliability. The property also offers 3,800 SF of fully renovated office space, and the building underwent a complete renovation in 2023. Flexible leasing options available—Landlord is willing to demise the space to 50,000 SF. This is a sublease opportunity ideal for logistics warehousing and distribution.

Property Information

Property Type

Commercial Lease

Sub-Type

Warehouse

Year Built

1978

Stories

1

Living Area

104,040 sq ft

Lot Size

5.87 acres

Lot Dimensions

5.87 Ac

Zoning

gen Ind

Days on Market

433

MLS® Listing#

2408247

Property Features

Heating

Natural Gas

Flooring

Concrete

Parking

Off Street

Construction

Metal Siding

Roof

Metal

Security

Security SystemSecurity Lights

Utilities

Electricity AvailableNatural Gas Available

Sewer

Public Sewer

Water Source

Public

Financial Details

HOA

None

Annual Taxes

$103,972

Parcel Number

19043-26001-00000

Directions

I-380 OR 6TH ST SW TO 33RD AVE TO SOUTHGATE

Affordability Calculator

$60,000

Estimated monthly payment

$1,597/mo

Principal $240,000 · Est. interest $334,821 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cedar Rapids, IA

$308,629
Median Listing Price
69
Median Days on Market
1,664
Median Sq Ft
$166
Median Price / Sq Ft
416
Active Listings

Market statistics compiled from active EXIT Realty® and MLS listings in Cedar Rapids, IA.

Location

Map showing the location of 423 Southgate Court SW, Cedar Rapids, IA 52404

Points of Interest in Cedar Rapids, IA

Showing the Cedar Rapids area map.

Nearby Schools

  • Champions at Grant Elementary School

    Elementary · 0.8 mi away

  • Grant Elementary School

    Elementary · 0.8 mi away

  • Wilson Middle School

    Secondary · 1.1 mi away

  • Holy Family School System

    School · 1.2 mi away

  • Prairie Edge

    School · 1.5 mi away

  • Taylor Elementary School

    Elementary · 2.0 mi away

  • Van Buren Elementary School

    Elementary · 2.1 mi away

  • Champions at van Buren Elementary School

    Elementary · 2.1 mi away

  • Trinity Lutheran School

    Elementary · 2.2 mi away

  • Jefferson High School

    Secondary · 2.2 mi away

  • Cedar Valley Montessori School

    Elementary · 2.4 mi away

  • Hacap

    School · 2.4 mi away

  • Xavier Catholic Schools

    School · 2.4 mi away

  • Metro High School

    Secondary · 2.4 mi away

  • Prairie Pointe Middle School

    School · 2.5 mi away

  • Prairie High School

    Secondary · 2.6 mi away

  • Roosevelt Middle School

    Secondary · 2.6 mi away

  • Cleveland Elementary School

    Elementary · 2.6 mi away

  • McKinley Middle School

    Elementary · 2.8 mi away

  • Cedar Rapids Day School

    School · 2.8 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
4110 Center Point Road NE B, Cedar Rapids, IAPrice on request28,008
4837 1st Avenue SE 104, Cedar Rapids, IAPrice on request14,000
1105 Wright Bros Boulevard SW B4 #200, Cedar Rapids, IAPrice on request11,900
200 1st Street SE Floor 20/21, Cedar Rapids, IAPrice on request265,192
9210 Welty Park Lane SW, Cedar Rapids, IAPrice on request30,000
275 1st Avenue SW 100, Cedar Rapids, IAPrice on request25,000

Moving Cost Estimate

EXIT Agents in Cedar Rapids

Listing Courtesy: GLD COMMERCIAL - 3197313400

Presented by: Angie Glick

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Cedar Rapids Area Association of REALTORS®. 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 deemed reliable but not guaranteed. Copyright ©2026 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CedarRapidsAreaAssociationOfRealtors. MLS® Listing#2408247. © 2026EXIT Realty®. All rights reserved.