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    1900 51St St Cedar Rapids, IA 52402

    Sponsored
    For Sale
    $2,250,000

    19,831 SF Office & Lab Space, Abundant Parking

    Property size:
    19,831 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office and lab complex, located at 1900 51st St NE in Cedar Rapids, Iowa, presents a rare investment opportunity. The property encompasses 19,831 square feet across two buildings situated on a 2.28-acre lot. The main building, totaling 17,543 square feet, underwent a complete renovation in 2019 and features perimeter private offices, a large training and multipurpose room, multiple conference rooms, restrooms, a breakroom, and a dedicated shipping and receiving area with an overhead door. Open lab space is also available. A separate 2,288-square-foot garage, constructed in 2021, provides parking for an additional 10 vehicles, supplementing the approximately 100 existing parking spaces. The property boasts a new HVAC system (2019) and half the roof was replaced in 2019. The permitted zoning is Suburban Mixed Use Community Center. This turnkey property is ideal for a business seeking high-quality office and lab space with ample parking. The asking price is $2,250,000 ($113.46/sq ft). The property was built in 1984 and features a modern design. Any offer is contingent upon the seller securing a new location.

    Property Features for 1900 51St St

    General Information

    Property type
    Research & development properties
    Square Feet
    19,831 SF
    Class
    A
    Lot Size
    99,317 SF

    Building Details

    Year Built/Renovated
    1984/2019
    Buildings
    2
    Stories
    1

    HighLights

    • Class A office and lab complex totaling 19,831 square feet on a 2.28‑acre lot in Cedar Rapids, IA.
    • Features private offices, conference rooms, training room, breakroom, restrooms, and reception area.
    • Includes open‑concept lab space.
    • Offers shipping/receiving area with overhead door.
    • Provides approximately 100 parking spaces plus a 10‑car garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dental Prosthetic Services Dental Laboratory Electric Vehicle Charging ... Electric Vehicle Charging Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop 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
    -91.666347749224
    Latitude
    42.030171125358

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    FAQs

    What type of property is this?
    Research & development property - 19,831 SF Office & Lab Space, Abundant Parking
    Where is this research & development property located?
    The property is located at 1900 51St St Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Class A office and lab complex totaling 19,831 square feet on a 2.28-acre lot in Cedar Rapids, IA.; Features private offices, conference rooms, training room, breakroom, restrooms, and reception area.; Includes open-concept lab space.
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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
    1900 51St St Cedar Rapids, IA 52402
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