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    601 SE 3Rd St Cedar Rapids, IA 52401

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    For Lease
    $14 SF/Yr

    Modern, high-tech two-story office space built in 2012.

    Property size:
    81,068 SF
    Lot size:
    1.19 Acres

    Property Features for 601 SE 3Rd St

    General Information

    Size
    81,068 SF
    Lot size
    1.19 Acres

    Source: JLL Agent Michael Minard

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

    Overview

    Modern Office Space For Rent

    This modern, high-tech two-story corporate office space was built in 2012 and incorporates the latest technology and office design, including a dock/warehouse. The property is situated on the 3rd street arts corridor, located between downtown and the NewBo district. Its location offers convenient access to hotels, shops, and restaurants. The property has a size of 81068 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lot 42 Parking Lot

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Law Firm 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
    -91.6635344
    Latitude
    41.9748541

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    FAQs

    What type of property is this?
    Office building - Modern, high-tech two-story office space built in 2012.
    Where is this office building located?
    The property is located at 601 SE 3Rd St Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Modern, high-tech two-story corporate office space.; - Built in 2012 with latest technology and office design.; - Includes a dock/warehouse.
    (563) 508-4649
    Request Owner's contact information
    601 SE 3Rd St Cedar Rapids, IA 52401
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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
    601 SE 3Rd St Cedar Rapids, IA 52401
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