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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

    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.
    7 days
    |
    86
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Gibbs 563-542-8574,

    GLD COMMERCIAL

    Source: CRAAR, CDRMLS,MLS#: 2604886MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

      Facts & features

      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

        DateEventPrice
        7/9/2026Price change$400,000-77.8%
        Source: CRAAR, CDRMLS #2604886 Report a problem
        8/28/2023Price change$1,802,240-9.6%
        Source: CRAAR, CDRMLS #2305654 Report a problem
        5/9/2019Listed for sale$1,994,000+364.3%
        Source: SATTLER REALTY #1903380 Report a problem
        1/10/2005Sold$429,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 52402

        Getting around

        5 / 100
        Car-Dependent
        9 / 100
        Minimal Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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