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.
Lot/land
Price cut: $1.4M (7/9)
$400,000
8201 Council St NE, Cedar Rapids, IA 52402
--beds
--baths
2.3Acres
Unimproved Land, Farm
Built in ----
2.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 52 days
- 82
- 0
Zillow last checked:
Listing updated:
Listed by:
Michael Gibbs 563-542-8574,
GLD COMMERCIAL
Source: CRAAR, CDRMLS,MLS#: 2604886
Originating MLS: Cedar Rapids Area Association Of Realtors
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 2.3 Acres
- Dimensions: 2.3
- Features: Gentle Sloping
Details
- Parcel number: portion of 112817600200000
- Zoning description: Ag
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Tax assessed value: $93,500
- Annual tax amount: $1,668
- Date on market: 7/9/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,470/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $400,000-77.8% |
Source: | ||
| 8/28/2023 | Price change | $1,802,240-9.6% |
Source: | ||
| 5/9/2019 | Listed for sale | $1,994,000+364.3% |
Source: SATTLER REALTY #1903380 Report a problem | ||
| 1/10/2005 | Sold | $429,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,668 +2.6% | $93,500 -1% |
| 2024 | $1,626 -37.2% | $94,400 |
| 2023 | $2,588 +2.9% | $94,400 -21.3% |
| 2022 | $2,514 +7% | $120,000 +0.6% |
| 2021 | $2,350 +3.2% | $119,300 +9.8% |
| 2020 | $2,278 +1.8% | $108,700 +0.6% |
| 2019 | $2,238 +1.8% | $108,000 -15% |
| 2018 | $2,198 +3% | $127,100 -20.4% |
| 2017 | $2,134 -20.8% | $159,600 |
| 2016 | $2,696 +3.1% | $159,600 -9.9% |
| 2015 | $2,614 -7.6% | $177,115 |
| 2014 | $2,830 | $177,115 |
Find assessor info on the county website




