Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1325 Rail Way Cedar Falls, IA 50613-1288

    • Flex space
    • 10,980 SF
    • 3.90 lot acres
    OFF-MARKET
    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0757054
    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

    • Owen Contracting, Inc. / Concrete Contractor / Paving Contractor

    Property Details for 1325 Rail Way

    Year built
    2019
    Construction
    FRAME
    Lot size
    3.90 lot acres
    Property size
    10,980 SF
    Property type
    Flex space
    APN
    8913-06-426-011
    APU
    891306426011

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $380,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $633,000
      Market price range: $172k - $633k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $425,000
      Current use
      MEDICAL BUILDING
      $735,000
      Change: +73% Conversion: Difficult
      RETAIL STORES
      $660,000
      Change: +56% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.4211
    Latitude
    42.5475
    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
    $23,624
    $118,500
    $932,050
    $1,050,550
    -
    $0.00
    $0.00
    $1,450,000

    Comparable in this City

    • Value Estimation
      $1,160,000
      32,500 SF

      5801 Westminster Dr

      LIGHT INDUSTRIAL • 32,500 SF
      5801 Westminster Dr, Cedar Falls, IA 50613-6973
      View Details
    • Value Estimation by Request
      3,470 SF

      516 Blf St

      LIGHT INDUSTRIAL • 3,470 SF
      516 Blf St, Cedar Falls, IA 50613-3384
      View Details
    • Value Estimation by Request
      5,056 SF

      5704 Cedar Wapsie Rd

      LIGHT INDUSTRIAL • 5,056 SF
      5704 Cedar Wapsie Rd, Cedar Falls, IA 50613-8706
      View Details
    • Value Estimation by Request
      2,482 SF

      1602 Ctr St

      LIGHT INDUSTRIAL • 2,482 SF
      1602 Ctr St, Cedar Falls, IA 50613-1449
      View Details
    • Value Estimation by Request
      6,250 SF

      510 State St

      LIGHT INDUSTRIAL • 6,250 SF
      510 State St, Cedar Falls, IA 50613-3387
      View Details
    • Value Estimation by Request
      4,200 SF

      300 State St

      LIGHT INDUSTRIAL • 4,200 SF
      300 State St, Cedar Falls, IA 50613-3336
      View Details

    Similar Nearby for Sale

    • $254,900
      0.25 Acres

      Cedar Falls Warehouse Condo

      Spacious contractor suite with climate control and mezzanine.
      3620 Fast Ln, Cedar Falls, IA 50613
      View Details
    • $109,000
      990 SF

      Cedar Falls Industrial Condos

      Own Your Space: Flexible Industrial Units
      3015 Capital Way, Cedar Falls, IA 50613
      View Details
    • $329,900
      2,475 SF

      Industrial Flex Space with Gym

      Versatile industrial flex space, currently a gym/fitness center.
      3035 Capital Way, Cedar Falls, IA 50613
      View Details
    • $109,000
      Pending

      Storage or Business Suites Available

      Condo-style storage or business suites for sale in Cedar Falls.
      3015 Capital Way, Cedar Falls, IA 50613
      View Details
    • $680,000
      0.37 Acres

      Climate-Controlled Storage Facility For Sale

      Turnkey climate-controlled storage facility with online booking and modern systems.
      3717 Midway Dr, Cedar Falls, IA 50613
      View Details
    • $731,808
      1.60 Acres

      High-Visibility Cedar Falls Commercial Lot

      1.6-Acre Lot, Prime Retail Location
      Lots Pinnacle Pr, Cedar Falls, IA 50613
      View Details

    Similar Nearby for Lease

    • $850 /Mo
      348,480 SF

      Cedar Falls Light Industrial Condo

      Light industrial storage condo in Cedar Falls Industrial Park.
      3015 Capital Way, Cedar Falls, IA 50613
      View Details
    • $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
    • $1,500 /Mo
      321,037 SF

      Versatile Cedar Falls Commercial Office

      Multi-tenant office building in Cedar Falls Industrial Park for lease.
      7009 Nordic Dr Unit, Cedar Falls, IA 50613
      View Details
    • Contact for pricing
      552,884 SF

      College Square Mall: Cedar Falls

      High-traffic retail space available.
      6301 University Ave, Cedar Falls, IA 50613
      View Details
    • $550 /Mo
      321,037 SF

      Versatile Commercial Office Building

      Multi-tenant commercial office building in Cedar Falls Industrial Park.
      7009 Nordic Dr Unit, Cedar Falls, IA 50613
      View Details
    • $4,600 /Mo
      74,052 SF

      Cedar Falls Office/Storage Space

      4906 sq ft office or storage/warehouse space for rent.
      4807 University Ave, Cedar Falls, IA 50613
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1325 Rail Way
    Cedar Falls, IA 50613-1288
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.