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    1635 Center St Cedar Rapids, IA 52402

    • Commercial real estate
    • 0.24 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US25-0247242
    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

    • Commercial real estate

    Property Details for 1635 Center St

    Lot size
    0.24 lot acres
    Property type
    Commercial real estate
    APN
    14094-04002-00000, 14094-04003-00000

    Description

    This exceptional commercial and residential land offering encompasses two parcels totaling 0.551 acres, strategically located at 1635 & 1639 Center St NE in Cedar Rapids, Iowa (52402). The property boasts convenient access to I-380, placing it within easy reach of major transportation arteries. Its zoning allows for both commercial and residential development, presenting a unique opportunity for diverse projects. The site's prime location near the intersection of 32nd Ave and Oakland Rd NE offers significant advantages, with high visibility and proximity to established businesses. Nearby amenities include a Hy-Vee supermarket, Family Dollar, Casey's General Store, Papa Murphy's Pizza, Papa John's Pizza, and a New Pioneer Co-op, ensuring a vibrant and convenient surrounding environment. The parcels are situated for economic growth and development, promising enhanced future property value. APN numbers are 14094-04002-00000 and 14094-04003-00000. This is a rare opportunity to acquire a well-positioned property with significant potential for future returns. The land's versatility and location make it an attractive investment for developers seeking a high-impact project in a thriving Cedar Rapids neighborhood.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.660987595918
    Latitude
    42.011867432298

    Comparable in this City

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    Similar Nearby for Sale

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    Similar Nearby for Lease

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    1635 Center St
    Cedar Rapids, IA 52402
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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
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