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Multi-Tenant Office Campus

4211 Glass Road NE Cedar Rapids, IA 52402

New
4211 Glass Road NE, Cedar Rapids, IA, 52402
$2,250,000
For Sale
Claim this Listing
$2,250,000

COMMERCIAL - Cedar Rapids, IA

Property Size28,472 SF
Lot Size5.66 Acres
Price / SF$79.03
AddedJul 14
Days on Market1
Last RefreshJul 14 at 6:06 pm

Property Features for 4211 Glass Road NE

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
Com
Standard status
Active
APN
140718001100000
Size
28,472 SF
Lot size
5.66 Acres

Taxes and HOA fees

Tax Description
SIGNAL RIDGE 9TH STR/LB 1
Tax Annual Amount
36634

Building Details

Year built
1976

Listing agent Trev Adair License #322502720

Listing office Pinnacle Realty LLC 1110 Dina Ct Suite A, Cedar Rapids, IA

Listing date Jul 14, 2026

MLS# 2605020

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.


Investment Insights

Based on property information with market context.

Offered for sale is a multi-tenant office campus on a 5.66-acre wooded site. The property is positioned as a centrally located, well-maintained office building, designed to serve multiple tenants within one campus setting.

The office campus is located in NE Cedar Rapids at 4211 Glass Road NE, with described proximity to restaurants and shopping and easy access to major roadways. Nearby amenities noted include Twin Pines Golf Course and multiple retail centers.

With a total property size of 28,472 square feet, this offering provides a multi-tenant office configuration on a sizable wooded parcel, supporting flexibility for an owner-operator or investor.

Key Highlights

  • Multi‑tenant office campus built in 1976
  • Located on a 5.66‑acre wooded site
  • Positioned less than 5 minutes from restaurants and shopping

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $239.2k $8.40
− Vacancy −$56.8k −$2.00
EGI $182.3k $6.40
− OpEx −$45.6k −$1.60
NOI $136.7k $4.80
28,472 SF · lease $8.40/SF/yr · vacancy 23.77% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.95M
$1.71M – $2.28M (±1% cap)
NOI $136,736 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.12M
$3.61M – $4.81M (±1% cap)
NOI $288,457 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Winners chapel international ... Church LAWSONLINE.COM Law Firm East Central Uni ... Association Or Organization Sajra Hill: Primerica ... Financial Advisor HouseList.com Data Center

Suggested Use

Hair Salon Restaurant Nail Salon Auto Repair Shop Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Parking Lot & Garage Spa & Massage Center

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

FAQs

What type of property is this?
Office building - Multi-tenant office campus on a wooded site, offered for sale in NE Cedar Rapids.
Where is this office building located?
The property is located at 4211 Glass Road NE Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Multi‑tenant office campus built in 1976; Located on a 5.66‑acre wooded site; Positioned less than 5 minutes from restaurants and shopping
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