Property profile

1350 Sherman Rd Hiawatha, IA 52233

OFF-MARKET
Office Spaces
Property ID
US25-0207775
6,684 SF 1.59 ac lot Built 1999
Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1999
Total area 6,684 SF
Lot 1.59 ac (69,260 SF)
APN 11-29-4-52-005-0-0000
UPID US25-0207775

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
  • Advertising Agency Marketing & Advertising

Location

1350 Sherman Rd Hiawatha, IA 52233-1293
Hiawatha metro Census 210 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$556k
Blend (final) Blend
$585k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $755,000 +79.1%
Auto repair, garage $715,000 +68.7%
Neighborhood: shopping center $685,000 +62.4%

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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