Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4201 Glass Rd Cedar Rapids, IA 52402

    Sponsored
    For Sale
    $825,000

    Multi-tenant office, 7,360 sq ft

    Property size:
    7,360 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,360-square-foot multi-tenant office building in Cedar Rapids, Iowa, is offered for sale at $825,000. The Class B property, built in 1992 and situated on a 1.64-acre lot, features two units currently at 100% occupancy with a mix of medical and traditional office tenants. The building boasts 44 parking spaces and is conveniently located near major transportation routes. Suite A has recently undergone improvements. One tenant, Cedar Rapids Pain Associates, occupies 4,106 square feet under a NNN lease at $11.75 per square foot, extending through January 31, 2025. The second tenant, LPI Loans, occupies 3,254 square feet. The property includes an outdoor patio area overlooking a wooded lot. The zoning is T-ML. This presents a strong investment opportunity for an owner-user or investor seeking a stable income stream. The property is a single-story building with a total of two units. The sale is a For Sale By Owner transaction.

    Property Features for 4201 Glass Rd

    General Information

    Property type
    Medical offices
    Square Feet
    7,360 SF
    Class
    B
    Lot Size
    71,438 SF

    Building Details

    Year Built
    1992
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • 4,106 SF occupied by Cedar Rapids Pain Associates.
    • 3,254 SF occupied by LPI Loans.
    • Wooded lot with outdoor patio.
    Property Profile Location Intelligence

    Current Use by Public Records

    LPI Loans Loan Agency Hammerberg Robert Insurance Agency Brown Aaron Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.699333907012
    Latitude
    42.01678839679

    Nearby Similar for Sale

    • $399,000
      5,061 SF

      Architecturally Unique Office Building

      Corner lot office building with covered parking and unique design.
      2875 Mount Vernon Rd SE, Cedar Rapids, IA 52403
      View Details
    • Contact for pricing
      21,036 SF

      Premier Office Building in Cedar Rapids

      Modern office space with serene backyard views and prime location.
      4050 River Center Ct NE, Cedar Rapids, IA 52402
      View Details
    • $1,300,000
      9,600 SF

      Cedar Rapids Office with Gym

      Spacious office building with gym, built in 2008.
      6205 11Th St SW, Cedar Rapids, IA 52404
      View Details
    • $1,700,000
      16,800 SF

      Historic Cedar Rapids Landmark

      Two-story building with multi-tenant potential near MedQ.
      724 3Rd Ave SE, Cedar Rapids, IA 52401
      View Details
    • $1,500,000
      22,520 SF

      Versatile Warehouse Facility with Office

      Expansive warehouse and office complex with over 22,500 SF of space.
      34 43Rd Ave SW, Cedar Rapids, IA 52404
      View Details
    • $1,375,000
      13,248 SF

      Multifamily Complex in Cedar Rapids

      23-unit multifamily property with remodeled units and easy access.
      120-126 NE 32Nd St, Cedar Rapids, IA 52402
      View Details
    • $359,950
      1,800 SF

      Turnkey Day Care Business

      Day care business for sale with real estate included.
      215 Edgewood Rd SW, Cedar Rapids, IA 52404
      View Details
    • Contact for pricing
      3,232 SF

      Cedar Rapids Office Space Available

      Professional office space in premier Cedar Rapids office park.
      3900 River Ridge Dr NE A & B, Cedar Rapids, IA 52402
      View Details
    • $139,000
      2,077 SF

      Updated Duplex in Cedar Rapids

      Turnkey, updated duplex in NE Cedar Rapids with investment potential.
      1608 B Ave NE, Cedar Rapids, IA 52402
      View Details
    • $158,000
      2,480 SF

      Updated Duplex Near Downtown

      Updated upper/lower duplex with vacant units near downtown.
      369 15Th St SE, Cedar Rapids, IA 52403
      View Details
    • $240,000
      1,508 SF

      Updated Duplex in CedarRapids

      Well-maintained duplex with long-term rental income potential.
      819 G Ave NW, Cedar Rapids, IA 52405
      View Details
    • Contact for pricing
      7,329 SF

      Prime Retail/Restaurant Opportunity

      7,329 SF commercial space on 1.62 acres.
      3939 1St Ave SE, Cedar Rapids, IA 52402
      View Details

    FAQs

    What type of property is this?
    Medical office - Multi-tenant office, 7,360 sq ft
    Where is this medical office located?
    The property is located at 4201 Glass Rd Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 4,106 SF occupied by Cedar Rapids Pain Associates.; 3,254 SF occupied by LPI Loans.; Wooded lot with outdoor patio.
    Request Owner's contact information
    4201 Glass Rd Cedar Rapids, IA 52402
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4201 Glass Rd
    Cedar Rapids, IA 52402
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4201 Glass Rd Cedar Rapids, IA 52402
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.