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Financial
Distress signals
Property profile

1420 1St Ave NE 103 Cedar Rapids, IA 52402

FOR LEASE
Investment properties
Property ID
US25-2301252
28,270 SF 0.87 ac lot Built 2018
Last sale Jul 2018 · $415,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional three-story commercial building, constructed in 2018, offers 28,270 square feet of space, with 5,000 square feet currently available for lease. Located at 1420 1st Ave NE in Cedar Rapids, Iowa (zip code 52402), this property sits on a 0.874-acre lot and is zoned for Urban Neighborhood General use. The building features a mix of retail and office space, currently housing multiple tenants, including popular brands. The available space is flexible, ranging from 2,500 to 5,000…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$86k
Tax billed · 2022
Assessed value · 2023$4.14M
Assessed land$343k
Assessed improvement$3.80M
Effective rate2.08%

Value estimate

· Oct 2026
$2.51M
$2.25M – $2.76M
Submarket $/SF estimate$1.79M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$23 – $63

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop9.7
HVAC Service9.6
Dry Cleaner9.3

Location

1420 1St Ave NE 103 Cedar Rapids, IA 52402
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

11 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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