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Property profile & analytics

100 1st NW Ave Cedar Rapids, IA 52405

  • Commercial real estate
  • 960 SF
  • 0.56 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US25-0093854
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

  • Griffith Ballard & Co / Consultant
  • Timothy Salis, Bankers Life Agent / Insurance Agency
  • Jeremy Tipton - NAI Iowa Realty Commercial / Real Estate Agency
  • Ethan Ball, Bankers Life Agent / Insurance Agency
  • Adam Drain, Bankers Life Agent / Insurance Agency

Property Details for 100 1st NW Ave

Year built
1971
Lot size
0.56 lot acres
Property size
960 SF
Property type
Commercial real estate
APN
14-28-2-28-008-0-0000
APU
142822800800000

Description

This exceptional office space, located at 100 1st Ave NE #116 in Cedar Rapids, IA 52401, offers a unique opportunity for businesses seeking a prominent location. The property, part of the Cedar River Tower, boasts 9,036 square feet of vacant space (actual leaseable area is 8,508 sq ft, excluding stairwells) within a 100,000 square foot building, built in 1974. The space is divisible to a minimum of 4,518 square feet and can be configured to suit various needs, with the potential to lease the main floor, lower level, or both. The layout includes 13 main floor suites and 13 lower level private suites, each featuring oversized windows, open concept areas, conference rooms, a kitchenette, and dedicated storage. The property benefits from a prime location with excellent signage opportunities, convenient access to a private frontage road, and ample parking. Eleven parking spaces are included, with an additional 28 spaces available for lease at $50 per month. The gross annual lease rate is $75,000. The zoning is commercial. Consider the potential for additional rooftop signage as a lease option. This turnkey space offers immediate occupancy and a high-visibility location near the Cedar River and 5 Seasons monument. The building features three sets of stairs for easy access between floors.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Cedar Rapids
County
Linn
State
Iowa
Longitude
-91.6732
Latitude
41.9767
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
$0.00
$235,000
$0.00
$235,000
-
$235,000
$0.00
$235,000
More about this property
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