Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

151 SW 1St Ave Cedar Rapids, IA 52404

FOR LEASE
Commercial real estate
Property ID
US25-0431427
0.66 ac lot
Last sale Oct 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This Class A, five-story retail building at 151 1st Ave SW in Cedar Rapids, IA, offers 100,000 square feet of versatile space, perfect for restaurants and boutiques. Located within the Kingston Yard master-planned development in the heart of Kingston Village District, this property boasts a prime location designed to attract significant foot traffic. The building features 12 suites, ranging from 917 to 12,154 contiguous square feet, with 17,334 square feet currently vacant. Built in 2024,…

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?
$4k
Tax billed · 2022
Assessed value · 2023$861k
Assessed land$861k
Effective rate0.51%

Value estimate

· Nov 2026
$225k
$203k – $248k
AI approach$225k
NOI build-up
Gross scheduled income$9k
Vacancy & credit loss−$2k
Operating expenses−$2k
NOI · 24,604.76% cap applied$5k

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?
24,604.76%
$5k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.4
Storage Facility9.5
Barber Shop9.4

Location

151 SW 1St Ave Cedar Rapids, IA 52404
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6115 7th SW, Cedar Rapids, IA 52404-7066 $430,000 Jan 2026 4,150 SF
5715 Locust SW, Cedar Rapids, IA 52404-4300 $61,000 Oct 2025 12,000 SF
16th SW, Cedar Rapids, IA 52404 $580,000 Aug 2025 No data
Bowling SW, Cedar Rapids, IA 52404 $850,000 May 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved