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    4529 1St Ave SE Cedar Rapids, IA 52402

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    For Sale
    $375,000

    Prime retail space in Cedar Rapids, high visibility and traffic.

    Property size:
    6,600 SF
    Lot size:
    0.50 Acres

    Property Features for 4529 1St Ave SE

    General Information

    Size
    6,600 SF
    Lot size
    0.50 Acres

    Source: GLD Commercial Agent Angie Glick

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

    Overview

    Retail Opportunity in High-Traffic Area

    This 6,600 square foot retail space is located in the retail hub of NE Cedar Rapids, benefiting from traffic counts of nearly 20,000 vehicles daily. Situated on a 0.51 acre lot, the property is a Home Depot outlot offering high visibility and accessibility. The steel frame structure, formerly occupied by Dollar Tree, has exterior walls intact but requires a full restoration due to derecho damage. It is being sold as-is, presenting a customizable blank slate. The property is located in a bustling retail corridor with excellent foot traffic. Buyers assume all responsibility for inspecting the property and verifying its condition. The property may be unsafe to enter, and entry is at your own risk. The seller and listing agent are not responsible for any injuries or damages incurred while viewing.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6242207
    Latitude
    42.02312

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in Cedar Rapids, high visibility and traffic.
    Where is this retail space located?
    The property is located at 4529 1St Ave SE Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime location in a high-traffic retail corridor at the retail hub for NE Cedar Rapids.; - High visibility outlot offering excellent foot traffic.; - Located in a Home Depot outlot.
    (319) 731-3400
    Request Owner's contact information
    4529 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
    4529 1St Ave SE Cedar Rapids, IA 52402
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