Property profile

1220 1st NE Ave Cedar Rapids, IA 52402

OFF-MARKET
Sports & entertainment properties
Property ID
US25-2372300
43,834 SF 0.92 ac lot Built 1929
Entity Owned Free & Clear
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Property profile

Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1929
Total area 43,834 SF
Lot 0.92 ac (40,075 SF)
APN 14-21-1-09-001-0-0000
UPID US25-2372300

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tutoring Service
  • College
  • Art Gallery
  • Community Center
  • Wedding Service

Location

1220 1st NE Ave Cedar Rapids, IA 52402-5008
Cedar Rapids metro Census 1900 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$972k
Blend (final) Blend
$760k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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