Financial
Distress signals
Property profile

1618 Collins NE Rd Cedar Rapids, IA 52402

OFF-MARKET
Office buildings
Property ID
US25-0424018
39,912 SF 2.52 ac lot Built 1969
Last sale Jun 2017 · $2,775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$99k
Tax billed · 2022
Assessed value · 2023$2.88M
Assessed land$904k
Assessed improvement$1.98M
Effective rate3.44%

Value estimate

· Sep 2026
$2.65M
$2.38M – $2.91M
CAP approach$3.15M
Submarket $/SF estimate$2.85M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$71 – $104

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.6
Storage Facility12.0
Wholesale Shop11.8

Location

1618 Collins NE Rd Cedar Rapids, IA 52402
County assessor Recorded deeds · 4 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

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4060 Glass NE, Cedar Rapids, IA 52402-2509 $2,300,000 Jul 2025 12,917 SF
4050 Riv Rdg NE, Cedar Rapids, IA 52402-7543 $1,862,500 Sep 2022 13,480 SF
4201 Riv Ctr NE, Cedar Rapids, IA 52402-7593 $1,710,000 May 2022 15,876 SF
5925 Dry Crk NE, Cedar Rapids, IA 52402-1257 $1,400,000 Nov 2021 9,833 SF
1351 60th NE, Cedar Rapids, IA 52402-1248 $973,500 Jan 2021 10,901 SF
3117 1st SE, Cedar Rapids, IA 52402-4403 $2,550,000 Dec 2020 22,780 SF
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
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