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    3223 1St Ave SE Cedar Rapids, IA 52402

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    For Sale
    $475,000

    Prime commercial property on high-traffic 1st Avenue in Cedar Rapids.

    Property size:
    4,085 SF
    Lot size:
    0.38 Acres

    Property Features for 3223 1St Ave SE

    General Information

    Size
    4,085 SF
    Lot size
    0.38 Acres

    Source: GLD Commercial Agent Adam Gibbs

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

    Overview

    High-Visibility Commercial Property on 1st Avenue

    This commercial property is located on 1st Avenue in Cedar Rapids, offering high visibility and easy access to I-380 and Hwy 100. The site is suitable for retail, office, or redevelopment. The building provides ample parking and flexible interior space to accommodate a range of users. It is situated in a strong trade area surrounded by national retailers, medical offices, and service providers. The property has a size of 4085 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    2pifi Corporate Office

    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
    -91.6345967
    Latitude
    42.0105568

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    FAQs

    What type of property is this?
    Retail space - Prime commercial property on high-traffic 1st Avenue in Cedar Rapids.
    Where is this retail space located?
    The property is located at 3223 1St Ave SE Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Highly visible location on 1st Avenue.; - Easy access to I-380 and Hwy 100.; - Suitable for retail, office, or redevelopment.
    (319) 731-3400
    Request Owner's contact information
    3223 1St Ave SE Cedar Rapids, IA 52402
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    Cedar Rapids, IA 52402
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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
    3223 1St Ave SE Cedar Rapids, IA 52402
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