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    5900 6Th St Cedar Rapids, IA 52404

    Sponsored
    For Lease
    $9 SF/Yr ($8,993 /Mo)

    10,846 SF Office, Sale/Lease

    Lot size:
    10,846 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-tenant, 10,846-square-foot executive office building in Cedar Rapids, Iowa, is available for sale or lease. Built in 1971 on a 1.69-acre lot, the one-story building features approximately 20 private offices, a conference room, cubicle space, a break room, and two sets of restrooms. Recent improvements have been made, and much of the existing office furniture is available. A backup generator is included. The property is zoned Light Industrial and boasts a convenient location within one mile of Highway 30 and I-380. The asking price is $750,000. The building's APN is 19084-76016-00000 and is located at 5900 6th St SW, Cedar Rapids, IA 52404. The property is well-maintained and offers ample space for a variety of business needs. Its strategic location provides easy access to major transportation routes, making it an attractive option for businesses seeking a prominent presence in Cedar Rapids. The inclusion of a backup generator ensures business continuity, adding to the property's overall value and appeal.

    Property Features for 5900 6Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,846 SF
    Total Rate
    8993.14

    Building Details

    Year Built
    1971
    Stories
    1

    Unit(s) available at that property

    Space
    Space Available
    Size
    10,846 SF
    Rate per SF
    $9

    HighLights

    • 10,846 square feet of rentable space
    • 20 private offices, conference room, and open workspace
    • Excellent condition
    • Less than one mile to Highway 30 and I‑380
    Property Profile 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, Sale/Lease
    Where is this office property / space located?
    The property is located at 5900 6Th St Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 10,846 square feet of rentable space; 20 private offices, conference room, and open workspace; Excellent condition
    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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