Financial
Distress signals
Property profile

1813 16th SW Ave Cedar Rapids, IA 52404

OFF-MARKET
Auto shops
Property ID
US25-0329805
8,976 SF 1.19 ac lot Built 1992
Last sale May 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located at the corner of 16th Avenue and 18th Street SW in Cedar Rapids, in a developed commercial area with access to downtown and major arterial routes. The available shop space totals just under 5,000 square feet, with the building containing approximately 4,290 square feet of shop area and approximately 696 square feet of office space. The office area includes a reception area, a private office, two restrooms (one includes a shower), and a small break room. The shop is

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$20k
Tax billed · 2022
Assessed value · 2023$753k
Assessed land$238k
Assessed improvement$515k
Effective rate2.62%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$295k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$107/SF
County average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$67 – $156

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.5
Spa & Massage11.9
Hair Salon11.6

Location

1813 16th SW Ave Cedar Rapids, IA 52404
County assessor Recorded deeds · 3 transfers 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 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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