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    Property profile & analytics

    1906 Mt Vernon SE Rd Cedar Rapids, IA 52403-3327

    • Retail space
    • 3,260 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Last Sale
    Jun 10, 2020
    Location Intelligence
    Property ID
    US25-0423338
    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.

    Current Use by Public Records

    • Nassif Oriental Rugs / Rug Store

    Property Details for 1906 Mt Vernon SE Rd

    Year built
    1930
    Lot size
    0.18 lot acres
    Property size
    3,260 SF
    Property type
    Retail space
    APN
    14-22-4-85-017-0-0000
    APU
    142248501700000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6423
    Latitude
    41.9775
    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
    $6,980
    $47,200
    $156,800
    $204,000
    -
    $47,200
    $156,800
    $204,000

    Comparable in this City

    • Value Estimation by Request
      50,485 SF

      215 Collins SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 50,485 SF
      215 Collins SE Rd, Cedar Rapids, IA 52403-1016
      View Details
    • Value Estimation by Request
      15,204 SF

      2711 Mt Vernon SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,204 SF
      2711 Mt Vernon SE Rd, Cedar Rapids, IA 52403-3551
      View Details
    • Value Estimation by Request
      1,662 SF

      262 Angle St

      RETAIL STORES (PERSONAL SERVICES) • 1,662 SF
      262 Angle St, Cedar Rapids, IA 52403
      View Details
    • Value Estimation
      $130,000
      2,365 SF

      4554 Mt Vernon SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,365 SF
      4554 Mt Vernon SE Rd, Cedar Rapids, IA 52403-3938
      View Details
    • Value Estimation
      $285,000
      3,907 SF

      1401 Mt Vernon SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,907 SF
      1401 Mt Vernon SE Rd, Cedar Rapids, IA 52403-1254
      View Details
    • Value Estimation
      $260,000
      3,338 SF

      1510 Mt Vernon SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,338 SF
      1510 Mt Vernon SE Rd, Cedar Rapids, IA 52403-3302
      View Details

    Similar Nearby for Sale

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      Architecturally Unique Office with Parking

      Unique office building with covered parking and open plan area.
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      Residential land for sale in the Kestrel Heights development.
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      Land for sale in a vibrant new Cedar Rapids development.
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      Premium Residential Lot Opportunity

      Build your dream home in Kestrel Heights development.
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      Residential Lot in Kestrel Heights

      Residential lot for sale in Cedar Rapids' Kestrel Heights.
      3112 Peregrine Ct SE, Cedar Rapids, IA 52403
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    Similar Nearby for Lease

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      Cedar Rapids Warehouse - 20,000 SF

      Prime industrial space, ideal for distribution.
      201 33Rd Street Dr, Cedar Rapids, IA 52403
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    1906 Mt Vernon SE Rd
    Cedar Rapids, IA 52403-3327
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    Realmo Value Estimation

    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.

    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.

    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
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