Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1146 Blairs Ferry Rd NE Cedar Rapids, IA 52402

    Sponsored
    For Sale
    Contact for pricing

    Office,Retail - Cedar Rapids, IA

    Property size:
    2,138 SF
    Days on Market:
    57
    Last Refresh:
    Jan 27 at 11:06 am

    Property Features for 1146 Blairs Ferry Rd NE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Sub MU
    APN
    140322600701001
    Size
    2,138 SF

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1994
    Floors in Building
    1
    Flooring type
    Carpet, Concrete
    Building materials
    Block, Concrete
    Roof type
    Membrane
    Architectural style
    Other

    We can help!

    Listing Contact
    Jim Angstman
    Jim Angstman

    Coldwell Banker Hedges (319) 367-8760

    Listing agent Jim Angstman (319) 378-8760

    Listing date Dec 2, 2025

    MLS# 2303590 Listing URL

    Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail/Office Suite on Blairs Ferry

    One of the last available 2nd generation retail/office suites is located on Blairs Ferry Road NE. The property is situated near successful businesses, including Animal Care Hospital, Acacia Salon & Spa, The Nail Shop, The Grooming Garage, Dunn Bros Coffee, Good Feet Store, Mextizo Restaurant, Super Target, and Buffalo Wild Wings. The property features a large monument sign and signage above the main entrance. The suite includes an ADA-compliant restroom, a large breakroom/kitchenette, and 3 private offices. The property provides plenty of off-street parking. The property is zoned Sub MU and has a property size of 2138 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Animal Care Hospital Veterinarian The nail shop Nail Salon BoxDrop Mattress Cedar ... Mattress Store Acacia Salon & Spa Beauty Salon Syndrea Porter Counselor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6545535
    Latitude
    42.0356002

    Nearby Similar for Sale

    • New
      Contact for pricing
      19,200 SF

      Downtown Cedar Rapids Office Building

      Turnkey office building with drive-thru and on-site parking.
      320 3Rd St SE, Cedar Rapids, IA 52401
      View Details
    • $1,300,000
      9,600 SF

      Cedar Rapids Office with Gym

      Spacious office building with gym, built in 2008.
      6205 11Th St SW, Cedar Rapids, IA 52404
      View Details
    • New
      $1,700,000
      16,800 SF

      Historic Mixed-Use Landmark in Cedar Rapids

      Two-story, 16,800 SF mixed-use building near MedQ and I-380.
      724 3Rd Ave SE, Cedar Rapids, IA 52401
      View Details
    • New
      Contact for pricing
      19,200 SF

      Downtown Office Building with Drive-Thru

      Turnkey office building with drive-thru and on-site parking.
      320 3Rd St SE, Cedar Rapids, IA 52401
      View Details
    • $1,500,000
      22,520 SF

      Versatile Warehouse Facility with Office

      Expansive warehouse and office complex with over 22,500 SF of space.
      34 43Rd Ave SW, Cedar Rapids, IA 52404
      View Details
    • New
      $1,400,000
      13,248 SF

      Multifamily Complex in Cedar Rapids

      23-unit multifamily property with remodeled units and income potential.
      120-126 NE 32Nd St, Cedar Rapids, IA 52402
      View Details
    • $359,950
      1,800 SF

      Turnkey Day Care Business

      Day care business for sale with real estate included.
      215 Edgewood Rd SW, Cedar Rapids, IA 52404
      View Details
    • Contact for pricing
      3,232 SF

      Cedar Rapids Office Space Available

      Professional office space in premier Cedar Rapids office park.
      3900 River Ridge Dr NE A & B, Cedar Rapids, IA 52402
      View Details
    • $129,000
      2,077 SF

      Updated Duplex in Cedar Rapids

      Turnkey duplex with modern finishes and recent upgrades.
      1608 B Ave NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      7,329 SF

      Prime Retail/Restaurant Opportunity

      7,329 SF commercial space on 1.62 acres.
      3939 1St Ave SE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      6,692 SF

      Versatile Warehouse with Office Space

      Warehouse with office space, loading dock, and updated utilities.
      6325 7Th Street Ct SW, Cedar Rapids, IA 52404
      View Details
    • $165,000
      2,776 SF

      Cedar Rapids Multifamily Investment Property

      Five-unit multifamily building with a solid rental history in Cedar Rapids.
      1249 3Rd Ave SE, Cedar Rapids, IA 52403
      View Details

    FAQs

    What type of property is this?
    Retail space - Available retail/office suite near successful businesses on Blairs Ferry Road.
    Where is this retail space located?
    The property is located at 1146 Blairs Ferry Rd NE Cedar Rapids, IA.
    What are key features of this property?
    This property features: - High-traffic location on Blairs Ferry Road NE near successful businesses and major retailers (Super Target, Buffalo Wild Wings).; - Large monument sign and signage above main entrance for excellent visibility.; - Includes 3 private offices, large breakroom/kitchenette, and ADA compliant restroom.
    (319) 367-8760
    Request Owner's contact information
    1146 Blairs Ferry Rd NE Cedar Rapids, IA 52402
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1146 Blairs Ferry Rd NE
    Cedar Rapids, IA 52402
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1146 Blairs Ferry Rd NE Cedar Rapids, IA 52402
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jim Angstman
    Jim Angstman
    (319) 367-8760
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.