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    900 3Rd St SE Cedar Rapids, IA 52405

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    For Lease
    $16 SF/Yr ($19,951 /Mo)

    Flexible retail spaces in vibrant NewBo neighborhood with patio.

    Property size:
    14,125 SF
    Lot size:
    2.06 Acres

    Property Features for 900 3Rd St SE

    General Information

    Size
    14,125 SF
    Lot size
    2.06 Acres

    Source: GLD Commercial Agent Adam Gibbs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    NewBo Mixed-Use Retail Opportunity

    Located in the NewBo neighborhood, this mixed-use project offers an opportunity for businesses seeking a vibrant location with amenities within walking distance. The property features flexible commercial suite sizes available on the 1st floor. The location is highly visible with frontage on 3rd St. SE. The project will feature 183 market rate apartments. The south endcap space includes an outdoor patio, suited for a restaurant. Available space ranges from 1,500 to 14,125 square feet. The NewBo neighborhood offers dining, shopping, music and art.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm 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
    -91.6773846
    Latitude
    41.9807307

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    FAQs

    What type of property is this?
    Retail space - Flexible retail spaces in vibrant NewBo neighborhood with patio.
    Where is this retail space located?
    The property is located at 900 3Rd St SE Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of the vibrant NewBo neighborhood with unique dining, shopping, music, and art.; - Features 183 market-rate apartments above, providing a built-in customer base.; - Highly visible location with frontage on 3rd St. SE.
    (319) 731-3400
    Request Owner's contact information
    900 3Rd St SE Cedar Rapids, IA 52405
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    Cedar Rapids, IA 52405
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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
    900 3Rd St SE Cedar Rapids, IA 52405
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