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Property profile & analytics
OFF-MARKET
Specialty properties

1101 J NE Ave Cedar Rapids, IA 52402-3830

1,836 SF 0.34 ac lot Built 1987
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0215874
Property summary
AI-generated overview

This exceptional investment opportunity in Cedar Rapids, Iowa, presents a 4,136 square foot flex space ideally situated on a 0.34-acre lot at 1101 J Ave NE. Boasting prime visibility adjacent to I-380, this property benefits from daily traffic counts exceeding 35,000 vehicles on the northbound lanes, ensuring maximum exposure. The building, constructed in 1987 and extensively renovated in 2023, features a single story with a permitted T-IM zoning. The property includes a 2,300 square foot warehouse with 15-foot ceilings, two overhead doors, a mezzanine level, and ample shelving, perfect for storage and distribution needs. The 1,836 square foot office space complements the warehouse, offering 10-foot ceilings, a large reception area, three private offices, a conference room, a small kitchen, a storage room, and two restrooms. This versatile property is currently vacant and offered at $575,000, translating to $139.02 per square foot. The property's location, recent renovations, and ample space make it an attractive investment for a variety of businesses. The APN is 14164-28005-00000. This is a for sale by owner property.

Property profile
Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1987
Total area 1,836 SF
Lot 0.34 ac (14,810 SF)
APN 14-16-4-28-005-0-0000
UPID US25-0215874
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cedar Rapids Construction & Remodeling Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Crcr Holdings LLC · 3 yrs held
Crcr Holdings LLC
since 2023
Last sale
$250,000
1 recorded transaction
2023
$250,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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