Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1755 I NE Ave Cedar Rapids, IA 52402-5254
    Back to Search
    Property profile & analytics

    1755 I NE Ave Cedar Rapids, IA 52402-5254

    View on Map
    • Manufacturing properties
    • 168,479 SF
    • 12.79 lot acres
    Off-Market
    Property ID
    US25-1125747
    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.
    Value Estimations
    $1,235,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • JW Bell Aggregate Processing Specialist / Industrial Manufacturer / Production Facility
    • JW Bell Machine Shop / Industrial Manufacturer
    • JW Bell Custom Fabrication / Industrial Manufacturer / Production Facility
    • Iowa Elite Athletics / Gym & Fitness Center
    • Mt Mercy warehouse / High School

    Property Details for 1755 I NE Ave

    Year built
    1960
    Construction
    STEEL FRAME
    Lot size
    12.79 lot acres
    Property size
    168,479 SF
    Property type
    Manufacturing properties
    APN
    14-15-3-02-006-0-0000
    APU
    141530200600000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6499
    Latitude
    41.999
    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
    2023
    $53,126
    $600,100
    $1,018,500
    $1,618,600
    -
    $600,100
    $1,018,500
    $1,618,600

    Comparable in this City

    • Value Estimation
      $875,000
      100,160 SF

      1201 Continental NE Pl

      MANUFACTURING (LIGHT) • 100,160 SF
      1201 Continental NE Pl, Cedar Rapids, IA 52402-2025
      View Details
    • Value Estimation
      $710,000
      35,134 SF

      5429 Towne NE Pl

      MANUFACTURING (LIGHT) • 35,134 SF
      5429 Towne NE Pl, Cedar Rapids, IA 52402-1929
      View Details
    • Value Estimation by Request
      9,780 SF

      1814 Ee NE Ave

      MANUFACTURING (LIGHT) • 9,780 SF
      1814 Ee NE Ave, Cedar Rapids, IA 52402-5240
      View Details
    • Value Estimation by Request
      25,008 SF

      1870 Mccloud NE Pl

      MANUFACTURING (LIGHT) • 25,008 SF
      1870 Mccloud NE Pl, Cedar Rapids, IA 52402-3400
      View Details
    • Value Estimation by Request
      4,005 SF

      700 Ctr Pt NE Rd

      MANUFACTURING (LIGHT) • 4,005 SF
      700 Ctr Pt NE Rd, Cedar Rapids, IA 52402-4648
      View Details
    • Value Estimation
      $575,000
      27,407 SF

      911 Shaver NE Rd

      MANUFACTURING (LIGHT) • 27,407 SF
      911 Shaver NE Rd, Cedar Rapids, IA 52402-4508
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      100,000 SF

      Versatile Commercial Space Near Collins

      12,000 SF commercial space near Collins Aerospace campus.
      5255 Rockwell Dr NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      63,200 SF

      Cedar Rapids Industrial Investment Opportunity

      Fully leased industrial property with strong tenant and tax abatement.
      2055 N Towne Ln NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      15,000 SF

      Natural Grocer Retail Opportunity

      Retail space in Cedar Rapids, Iowa, near major thoroughfares.
      931 Blairs Ferry Rd NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      15,200 SF

      Stabilized Four-Tenant Shopping Center

      Stabilized shopping center with grocery, restaurant, and personal care tenants.
      1060 Old Marion Rd NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing

      Prime Lot Near Galaxy Theater

      Shovel-ready commercial lot with high visibility and traffic.
      5320 Council St NE, Cedar Rapids, IA 52402
      View Details
    • $345,000
      1,798 SF

      Former Pizza Restaurant For Sale

      Restaurant property with lease income and recent improvements.
      3358 Center Point Rd NE, Cedar Rapids, IA 52402
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      11,250 SF

      Hiawatha Office Space Available

      Prime Linn County office suites, flexible space.
      1450 Boyson Rd, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing

      First Floor Office Space Available

      Highly visible office space near 19th Street, SE.
      1847 1St Ave SE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing

      Premium Office Space with Pond View

      Modern office building with pond views and flexible layout.
      4050 River Center Ct NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing

      Remodeled Office Space Available

      Remodeled office space for rent, up to 1700 SF.
      3525 Center Point Rd NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Commercial land available for ground lease or build-to-suit.
      1351 Blairs Ferry Rd NE, Cedar Rapids, IA 52402
      View Details
    • $650,000

      Medical Office Building For Lease

      8,576 SF medical office building for sale or lease.
      2727 1St Ave Se, Cedar Rapids, IA 52402
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1755 I NE Ave
    Cedar Rapids, IA 52402-5254
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1755 I NE Ave, Cedar Rapids, IA, 52402
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!