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    2875 Mount Vernon Rd SE Cedar Rapids, IA 52403

    For Sale
    $399,000

    Investment,Office,Retail - Cedar Rapids, IA

    Property size:
    5,061 SF
    Lot size:
    0.35 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 2875 Mount Vernon Rd SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    comm
    APN
    14261-26001-00000
    Size
    5,061 SF
    Lot size
    0.35 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1988
    Flooring type
    Carpet
    Roof type
    Shingle
    Architectural style
    Other

    Coldwell Banker Hedges (319) 367-8760 [email protected]

    Listing agent Karen Mathison (319) 378-8760

    Listing date Nov 24, 2025

    MLS# 2400516 Listing URL

    Copyright © 2025 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.

    Overview

    Architecturally Unique Office with Parking

    This architecturally unique property, the visionary work of architect Leo Pieffer, is positioned on a prominent corner lot. The design merges contemporary aesthetics with smart functionality. The property features covered parking for 18 vehicles on the ground floor. Multiple entry points include a covered lower-level entrance and a ground level entrance. The spacious, open plan area is centered around a gas fireplace. The property also includes 4 private offices, a large conference room, and a breakroom/kitchen, as well as 2 restrooms. The building is being sold as is, with inspections for information only. The property is suitable for office, retail, or investment purposes. The property has a lot size of 0.35 acres and a property size of 5061 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NRG Media | Great ... Radio Broadcaster

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6236852
    Latitude
    41.9766432

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    FAQs

    What type of property is this?
    Office building - Unique office building with covered parking and open plan area.
    Where is this office building located?
    The property is located at 2875 Mount Vernon Rd SE Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Significant price reduction of $100,000, allowing for budget flexibility for upgrades and customization.; - Architecturally unique design by Leo Pieffer on a prominent corner lot.; - Covered parking for 18 vehicles, a rare and valuable amenity.
    (319) 378-8760
    Request Owner's contact information
    2875 Mount Vernon Rd SE Cedar Rapids, IA 52403
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    Cedar Rapids, IA 52403
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    Realmo Value Estimation

    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.

    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.

    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
    2875 Mount Vernon Rd SE Cedar Rapids, IA 52403
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