Property profile

1616 6th SW St Cedar Rapids, IA 52404

OFF-MARKET
Turn key restaurants
Property ID
US25-2388998
1,670 SF 0.22 ac lot Built 1920
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Total area 1,670 SF
Lot 0.22 ac (9,583 SF)
APN 14-32-1-07-031-0-0000
UPID US25-2388998

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
  • Restaurant

Location

1616 6th SW St Cedar Rapids, IA 52404-3507
Cedar Rapids metro Census 2500 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

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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