1900 51St St NE Cedar Rapids, IA 52402
Property Lookup
Property profile & analytics
1900 51St St NE Cedar Rapids, IA 52402
- Medical Office Space
- 17,543 SF
- 2.28 lot acres
Property ID
US25-0272490
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.
Location Intelligence
Current Use by Public Records
- Dental Prosthetic Services / Dental Office
- Electric Vehicle Charging Station / Electric Vehicle Charging Station
Property Details for 1900 51St St NE
- Year built
- 1984
- Construction
- STEEL FRAME
- Lot size
- 2.28 lot acres
- Property size
- 17,543 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 14-04-1-52-002-0-0000
- APU
- 140415200200000
Description
This exceptional Class A office and lab complex, located at 1900 51st St NE in Cedar Rapids, Iowa, presents a rare investment opportunity. The property encompasses 19,831 square feet across two buildings situated on a 2.28-acre lot. The main building, totaling 17,543 square feet, underwent a complete renovation in 2019 and features perimeter private offices, a large training and multipurpose room, multiple conference rooms, restrooms, a breakroom, and a dedicated shipping and receiving area with an overhead door. Open lab space is also available. A separate 2,288-square-foot garage, constructed in 2021, provides parking for an additional 10 vehicles, supplementing the approximately 100 existing parking spaces. The property boasts a new HVAC system (2019) and half the roof was replaced in 2019. The permitted zoning is Suburban Mixed Use Community Center. This turnkey property is ideal for a business seeking high-quality office and lab space with ample parking. The asking price is $2,250,000 ($113.46/sq ft). The property was built in 1984 and features a modern design. Any offer is contingent upon the seller securing a new location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,162,000
- AI Estimate
- $664,000
Market price range: $1.09M - $2.14MMarket price range: $506k - $1.49M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,750,000 Current use
- OFFICE BUILDING
- $1,610,000 Change: -8% Conversion: Easy
- RETAIL STORES
- $1,445,000 Change: -18% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,440,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6659
- Latitude
- 42.0306
- 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
$64,678
$466,100
$1,392,500
$1,858,600
-
$466,100
$1,392,500
$1,858,600
