Office Building with Private
For Sale
Contact for pricing
4144 GOLF ST NE, Cedar Rapids, IA 52402
Established office property with reception, collaborative areas, meeting rooms, and a lower-level event space.
Property Size10,141 SF
Price / SF$115.87
Days on Market56
Property Features for 4144 GOLF ST NE
General Information
Standard status
Active
Size
10,141 SF
Total Parking Spaces
60
Property subtype
Office
Zoning
TMUC
Investment Type
Owner/User
Additional Details
Furnished
No
Amenities
12 private offices
reception/waiting area
supply/copy room
open office space
secure vault
employee break room
two conference rooms
restrooms
full kitchen
large event space
Building Details
Year Built
1958
Buildings
1
Stories
1
Units
1
Listing Agency:
Skogman Commercial Group Cedar Rapids
Listed By:
Douglas Laird · License #IA B42011
(319) 247-5000
Source:
Crexi
Added: Aug 26
Changed: Oct 10
Last Checked: Oct 19 at 7:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skogman Commercial Group Cedar Rapids
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Investment Insights
Based on property information with market context.
This office building, constructed in 1958, provides 10,141 square feet across a range of private and shared work areas. The layout includes 12 private offices, reception and waiting space, an open office area, supply and copy room, secure vault, employee break room, two conference rooms, and restrooms. The lower level adds a full kitchen, additional restrooms, and a large event area. Furniture use by the tenant is negotiable.
Located at 4144 Golf St NE in Cedar Rapids, the property includes more than 60 parking spaces. Zoning is TMUC. Tours require 24-hour notice, and the property is available Summer 2026.
Located at 4144 Golf St NE in Cedar Rapids, the property includes more than 60 parking spaces. Zoning is TMUC. Tours require 24-hour notice, and the property is available Summer 2026.
Key Highlights
- 10,141‑square‑foot office building constructed in 1958
- 12 private offices plus open office space and reception area
- Two conference rooms, secure vault, break room, and copy room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,702
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,040
$974.0K
Cap Rate 7%
$695,743
$695.7K
Cap Rate 9%
$541,133
$541.1K
Market Conditions
NOI Build-Up for 10,141 SF
Gross rent
$85.2K $8.40/SF
− Vacancy
−$20.2K −$2.00/SF
EGI
$64.9K $6.40/SF
− OpEx
−$16.2K −$1.60/SF
NOI
$48.7K $4.80/SF
Area
Cedar Rapids, IA
Vacancy
23.77%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,040
Cap Rate 7%
$695,743
Cap Rate 9%
$541,133
Alternative Uses
Best Use
Office B
$695.7K
$608.8K – $811.7K
NOI $48,702 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.47M
$1.28M – $1.71M
NOI $102,741 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
Explore this area
Business Placement
Demographics for 52402, IA
42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Established office property with reception, collaborative areas, meeting rooms, and a lower-level event space.
Where is this office building located?
The property is located at 4144 GOLF ST NE Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 10,141‑square‑foot office building constructed in 1958; 12 private offices plus open office space and reception area; Two conference rooms, secure vault, break room, and copy room
