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Property profile & analytics
FOR SALE
Retail space
115 30Th Street Dr SE, Cedar Rapids, IA 52403
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US25-0252516
For Sale
1 / 34
$185,000
115 30Th Street Dr SE, Cedar Rapids, IA 52403
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Property summary
AI-generated overview
This exceptional executive office suite, located at 115 30th St Dr SE in Cedar Rapids, Iowa, offers 2,677 square feet of newly renovated space, perfect for a single tenant. The property is a Class B building situated on a 0.09-acre lot. The entire space is currently vacant and ready for immediate occupancy. Recent renovations include brand new windows and carpeting, creating a bright and modern workspace. The open floor plan provides flexibility for various office configurations. The property is conveniently located in Linn County, Iowa, with easy access to major roadways and amenities. The monthly rent is $1,500, and is structured as a triple net lease (NNN). This means the tenant is responsible for property taxes, insurance, and maintenance. This presents a fantastic opportunity for a business seeking a move-in ready, updated office space in a desirable Cedar Rapids location. The zip code is 52403. The property's total square footage is 2,677 square feet.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Total area
1,278 SF
Lot
0.09 ac (3,920 SF)
APN
14-11-3-54-003-0-0000
UPID
US25-0252516
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
-
Riverside Line Towing Auto Repair Shop
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
Hoth Props LLC · 7 yrs held
Hoth Props LLC
since 2018
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cedar Rapids submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Rapids submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$3,046
Tax year 2022
Assessed value
$136,200
Assessed 2023
Previous assessed
$136,200
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$11,900
Assessed improvement
$124,300
Land market value
$11,900
Improvement market value
$124,300
Total market value
$136,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1959
Heating
NONE
Stories
1
Total area
1,278 SF
Lot
0.09 ac (3,920 SF)
APN
14-11-3-54-003-0-0000
UPID
US25-0252516
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Hoth Props LLC
Entity
Mailing address
755 9TH AVE, MARION, IA 52302-5708
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2018
$124,500
Hoth Props LLC
Tlsco Invs INC
Warranty Deed
$172,000 · Hills Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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