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Property profile

931 Blairs Fry NE Rd Cedar Rapids, IA 52402

OFF-MARKET
Grocery and convenience stores
Property ID
US25-2443960
14,975 SF 1.62 ac lot Built 2016
Last sale Sep 2022 · $7,353,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space known as Natural Grocers, located at 931 Blairs Ferry Rd NE in Cedar Rapids, Iowa 52402, situated in the northeastern corridor. It is positioned along a main thoroughfare and serves nearby residential areas as well as regional traffic routes connecting toward Marion and Interstate 380. The space is configured for retail use and is approximately 15,000 square feet, within an established mix of local retail and service businesses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$55k
Tax billed · 2022
Assessed value · 2023$2.41M
Assessed land$1.22M
Assessed improvement$1.20M
Effective rate2.29%

Value estimate

· Oct 2026
$5.27M
$4.74M – $5.80M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$39 – $139

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.0
Kitchen & Bath10.8
Electrical Service10.3

Location

931 Blairs Fry NE Rd Cedar Rapids, IA 52402-1271
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1556 1st NE, Cedar Rapids, IA 52402-5124 $1,433,000 Mar 2024 26,954 SF
255 Collins NE, Cedar Rapids, IA 52402-3159 $28,500,000 Mar 2023 20,584 SF
5155 Northland NE, Cedar Rapids, IA 52402-6205 $1,150,000 Jan 2023 9,840 SF
835 A NE, Cedar Rapids, IA 52402 $1,339,000 Nov 2022 11,680 SF
3825 Ctr Pt NE, Cedar Rapids, IA 52402-2941 $950,000 Dec 2020 13,200 SF
1800 1st NE, Cedar Rapids, IA 52402-5554 $2,800,000 Dec 2020 18,117 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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