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Property profile & analytics

2801 6th SW St Cedar Rapids, IA 52404-4003

  • Office buildings
  • 7,645 SF
  • 0.67 lot acres
OFF-MARKET
Last Sale
Sep 06, 2022
Value Estimations
$300,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-0053865
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Tarot Card Reading Cedar Rapids / Cafe

Property Details for 2801 6th SW St

Year built
1977
Lot size
0.67 lot acres
Property size
7,645 SF
Property type
Office buildings
APN
14-33-3-53-024-0-0000
APU
143335302400000

Description

This exceptional 7,709-square-foot executive office building presents a unique investment opportunity. Located on a 0.67-acre lot, this single-tenant property boasts an all-brick exterior with abundant natural light from numerous windows. Completely remodeled and updated, the interior features a desirable mix of 13 to 16 private offices, complemented by 3 to 5 conference rooms, spacious reception areas, and ample cubicle space. The building's flexible layout allows for diverse configurations, including the potential to divide the space into two units of 5,036 square feet and 2,673 square feet, ideal for owner-occupancy and subletting. Built in 1977 and zoned C, this property offers exceptional convenience with its central location and easy access to I-380 and US Highway 30. Ample parking is provided with 33 off-street spaces. The estimated annual net operating expenses (NNN) including common area maintenance (CAM) are $4.98 per square foot. This Class A office space is priced for immediate sale at $89 per square foot, representing a compelling investment opportunity in a highly desirable location. The property's versatility and prime location make it an attractive option for a variety of businesses seeking a modern and functional workspace.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $295,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $372,000
    Market price range: $165k - $610k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Cedar Rapids
County
Linn
State
Iowa
Longitude
-91.6762
Latitude
41.9495
CBSA code
16300
CBSA name
CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$20,278
$166,500
$462,500
$629,000
-
$166,500
$462,500
$629,000
More about this property
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