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    Property profile & analytics

    1519 Ctr Pt NE Rd Cedar Rapids, IA 52402-6507

    • Medical offices
    • 2,513 SF
    • 1.23 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Last Sale
    Aug 04, 2021
    $250,000
    Location Intelligence
    Property ID
    US25-0099816
    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

    • Larsen Rick K MD / Psychiatrist
    • Larsen & Mannetter / Psychotherapist / Doctor
    • Rebecca S. Mannetter, PHD / Doctor / Counselor
    • Dani Darbyshire, NP / Psychiatrist / Nurse Practitioner
    • Jill Scott, NP / Nurse Practitioner

    Property Details for 1519 Ctr Pt NE Rd

    Year built
    1982
    Lot size
    1.23 lot acres
    Property size
    2,513 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    14-16-1-26-011-0-0000
    APU
    141612601100000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $285,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $295,000
      Mixed-Use
      $260,000
      Hospitality
      $330,000
      Educational
      $310,000
      Residential Income
      $345,000
      Energy
      $300,000
      Income-Based Land
      $340,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6637
    Latitude
    42.0048
    CBSA code
    16300
    CBSA name
    CEDAR RAPIDS, 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
    2022
    $10,156
    $141,300
    $257,300
    $398,600
    -
    $141,300
    $257,300
    $398,600

    Comparable in this City

    • Value Estimation by Request
      16,505 SF

      5950 Rockwell NE Dr

      MEDICAL BUILDING • 16,505 SF
      5950 Rockwell NE Dr, Cedar Rapids, IA 52402-7360
      View Details
    • Value Estimation by Request
      12,754 SF

      5945 Council NE St

      MEDICAL BUILDING • 12,754 SF
      5945 Council NE St, Cedar Rapids, IA 52402-5888
      View Details
    • Value Estimation by Request
      4,192 SF

      209 29th NE St, Unit 1

      MEDICAL BUILDING • 4,192 SF
      209 29th NE St, Cedar Rapids, IA 52402-4835
      View Details
    • Value Estimation
      $675,000
      70,326 SF

      5264 Council NE St

      MEDICAL BUILDING • 70,326 SF
      5264 Council NE St, Cedar Rapids, IA 52402-2471
      View Details
    • Value Estimation
      $1,165,000
      5,505 SF

      6911 C NE Ave

      MEDICAL BUILDING • 5,505 SF
      6911 C NE Ave, Cedar Rapids, IA 52402-1349
      View Details
    • Value Estimation
      $310,000
      6,726 SF

      2701 1st SE Ave

      MEDICAL BUILDING • 6,726 SF
      2701 1st SE Ave, Cedar Rapids, IA 52402-4834
      View Details

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    Similar Nearby for Lease

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    • $16 SF/Yr
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      Class A Office Sublease

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      View Details
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    Cedar Rapids, IA 52402-6507
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    Realmo Value Estimation

    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.

    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.

    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
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