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    5900 6Th St Cedar Rapids, IA 52404

    For Sale
    $750,000

    10,846 SF Office Space - $750K

    Property size:
    10,846 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10,846 square foot office building, located at 5900 6th St SW in Cedar Rapids, Iowa, presents a unique investment opportunity. Built in 1971 and situated on a single story, this property boasts approximately 20 private offices, a dedicated conference room, ample space for cubicles, a convenient break room, and two sets of men's and women's restrooms. The building has been meticulously maintained, with numerous improvements completed in recent years (details available upon request). A significant portion of the existing office furniture is included in the sale, adding considerable value. Further enhancing its appeal is the inclusion of a backup generator, ensuring business continuity. The property is zoned for Light Industrial use (APN: 19084-76016-00000) and enjoys a highly desirable location, less than one mile from both Highway 30 and Interstate 380, providing exceptional accessibility and visibility. The asking price is $750,000, translating to $90.82 per square foot. This represents a compelling opportunity for businesses seeking a well-equipped, conveniently located office space or investors looking for a strong return. The property's features, combined with its strategic location, make it an ideal choice for a variety of commercial uses.

    Property Features for 5900 6Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    10,846 SF

    Building Details

    Year Built
    1971
    Stories
    1

    HighLights

    • 10,846 SF office building
    • 20 private offices, conference room, cubicle space
    • Well‑maintained building with recent improvements
    • Excellent location, less than one mile from Hwy 30 and I‑380
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Iowa Interstate Railroad, ... Railroad Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts 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
    -91.676450658036
    Latitude
    41.920791010485

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    FAQs

    What type of property is this?
    Office Property / Space - 10,846 SF Office Space - $750K
    Where is this office property / space located?
    The property is located at 5900 6Th St Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 10,846 SF office building; 20 private offices, conference room, cubicle space; Well-maintained building with recent improvements
    (319) 731-3415
    Request Owner's contact information
    5900 6Th St Cedar Rapids, IA 52404
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    Cedar Rapids, IA 52404
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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
    5900 6Th St Cedar Rapids, IA 52404
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