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    Property profile & analytics

    109 2nd St Cedar Falls, IA 50613-3357

    • Retail space
    • 1,588 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 15, 2024
    Location Intelligence
    Property ID
    US25-0225080
    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

    • Loan Till Payday Online / Loan Agency
    • The Space 109 / Art Gallery

    Property Details for 109 2nd St

    Year built
    1899
    Construction
    CONCRETE BLOCKS
    Lot size
    0.02 lot acres
    Property size
    1,588 SF
    Property type
    Retail space
    APN
    8914-12-252-002
    APU
    891412252002

    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 Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.4449
    Latitude
    42.5367
    CBSA code
    47940
    CBSA name
    WATERLOO-CEDAR FALLS, 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
    2023
    $605
    $16,560
    $35,840
    $52,400
    -
    $16,560
    $35,840
    $52,400

    Comparable in this City

    • Value Estimation by Request
      42,844 SF

      200 State St

      RETAIL STORES (PERSONAL SERVICES) • 42,844 SF
      200 State St, Cedar Falls, IA 50613-3372
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    • Value Estimation by Request
      2,408 SF

      2024 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 2,408 SF
      2024 Ctr St, Cedar Falls, IA 50613-1367
      View Details
    • Value Estimation by Request
      127,723 SF

      214 Viking Plz Dr

      RETAIL STORES (PERSONAL SERVICES) • 127,723 SF
      214 Viking Plz Dr, Cedar Falls, IA 50613-6936
      View Details
    • Value Estimation by Request
      3,235 SF

      3205 Hudson Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,235 SF
      3205 Hudson Rd, Cedar Falls, IA 50613-6724
      View Details
    • Value Estimation by Request
      708 SF

      219 11th St

      RETAIL STORES (PERSONAL SERVICES) • 708 SF
      219 11th St, Cedar Falls, IA 50613-3309
      View Details
    • Value Estimation by Request
      21,388 SF

      1009 23rd St

      RETAIL STORES (PERSONAL SERVICES) • 21,388 SF
      1009 23rd St, Cedar Falls, IA 50613-3550
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.70 Acres

      Retail Space in Downtown Cedar

      2,200 sq ft retail space in Cedar Falls, Iowa.
      319 Main St, Cedar Falls, IA 50613
      View Details
    • New
      $329,900
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      Retail Property Near College

      Retail space for sale near college in Cedar Falls, Iowa.
      2217 College St, Cedar Falls, IA 50613
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    • Contact for pricing
      0.20 Acres

      Restored Office/Retail Space For Sale

      Restored two-story office or retail space near downtown.
      215 Franklin St, Cedar Falls, IA 50613
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    • $945,000
      0.38 Acres

      Cedar Falls Car Wash Opportunity

      Operating car wash or future building site in Cedar Falls.
      1408 1St St, Cedar Falls, IA 50613
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    • $588,060
      1.50 Acres

      Cedar Falls Commercial Land Opportunity

      1.5-Acre Lot, High Visibility, $9/SF
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      1.50 Acres

      Prairie Parkway Commercial Lot

      1.5-Acre Commercial Land, High Visibility
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    Similar Nearby for Lease

    • $20 SF/Yr
      1,588 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 1,588 square feet.
      4505 Algonquin Dr, Cedar Falls, IA 50613
      View Details
    • $2,350 /Mo
      4,356 SF

      Cedar Falls Retail/Office Space

      High visibility retail or office space with on-site parking.
      704 Main St, Cedar Falls, IA 50613
      View Details
    • $12 SF/Yr
      96,191 SF

      Retail/Office Space at Thunder Ridge

      Retail/Office space available in Cedar Falls shopping mall.
      2302 W 1St St, Cedar Falls, IA 50613
      View Details
    • $1,000 /Mo
      17,424 SF

      Downtown Cedar Falls Retail/Office Space

      Premiere retail or office space in downtown Cedar Falls.
      602 State St, Cedar Falls, IA 50613
      View Details
    • $1,600 /Mo
      Pending

      Downtown Cedar Falls Retail/Office Space

      Luxury retail or office suite in high-demand downtown location.
      602 State St, Cedar Falls, IA 50613
      View Details
    • $15 SF/Yr
      2,326 SF

      Retail Space Available For Rent

      2,326 SF retail space available now for lease.
      4507 Algonquin Dr, Cedar Falls, IA 50613
      View Details
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    109 2nd St
    Cedar Falls, IA 50613-3357
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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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