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    6201 16Th Ave Cedar Rapids, IA 52404

    • Commercial real estate
    • 10.87 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Oct 01, 2021
    $500,000
    Location Intelligence
    Property ID
    US25-0827918
    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 6201 16Th Ave

    Lot size
    10.87 lot acres
    Property type
    Commercial real estate
    APN
    13-35-2-26-001-0-0000
    APU
    133522600100000

    Description

    This exceptional 2.9-acre commercial and industrial land parcel, located at 6201 16th Ave SW in Cedar Rapids, Iowa (zip code 52404), presents a unique opportunity. Currently zoned for Light Industrial use, this property boasts significant advantages for businesses seeking outdoor storage or similar operations. The site features approximately 2.9 acres of paved concrete, providing immediate usability. Its strategic location offers excellent visibility from 16th Ave SW, just east of Stoney Point Road, ensuring high traffic exposure. This prime location ensures easy access for clients and employees. The property is available for lease at a monthly rate of $6,250. Alternatively, the property is also available for purchase at an asking price of $1,200,000. The property's APN is 13352-26001-00000. This single-tenant property is ideal for businesses requiring ample paved space and high visibility in a thriving Cedar Rapids location. Don't miss this chance to secure a prominent location for your business.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $440,000
      6.5%
      $445,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $525,000
      Geo Method
      $520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $470,000
      Mixed-Use
      $425,000
      Hospitality
      $470,000
      Educational
      $495,000
      Residential Income
      $505,000
      Energy
      $460,000
      Income-Based Land
      $485,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.7519
    Latitude
    41.9633
    CBSA code
    16300
    CBSA name
    CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $19,346
    $471,400
    $200,600
    $672,000
    -
    $471,400
    $200,600
    $672,000

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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
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