Technical
Financial
Distress signals
Property profile

1500 2nd SE Ave Cedar Rapids, IA 52403

OFF-MARKET
Office buildings
Property ID
US25-1629249
16,298 SF 0.96 ac lot Built 1972
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Total area 16,298 SF
Lot 0.96 ac (41,818 SF)
APN 14-22-2-77-011-0-0000
UPID US25-1629249

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
  • Apartment Building
  • Law Firm

Location

1500 2nd SE Ave Cedar Rapids, IA 52403-2368
Cedar Rapids metro Census 1900 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
$848k
Blend (final) Blend
$260k

Owner & transaction history

since 2012
4 recorded transactions
2012
$530,000
2012
$530,000
2006
$850,000
2006
$284,500

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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