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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Strip malls
1950 Dodge NE Rd, Cedar Rapids, IA 52402-2411
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US25-0364077
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Total area
17,600 SF
Lot
1.52 ac (66,211 SF)
APN
14-04-4-06-003-0-0000
UPID
US25-0364077
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
-
Basic Health Improvement Cedar Rapids Physician
-
Remedy Intelligent Staffing Employment Agency
-
Computer System Support Computer & Electronic Repair
-
Securitas Security Services USA Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.57M
Owner & transaction history
Mogul Holdings LLC · 4 yrs held
Mogul Holdings LLC
since 2021
Last sale
$1.7M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+30.2%
Medical building
$1.8M
+21.9%
Office building
$1.6M
+11.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cedar Rapids submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Rapids submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,460,000
ML approach
$1,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,440,000
Current use
AUTO REPAIR, GARAGE
$1,880,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$1,760,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$1,615,000
Change: +12% · Conversion: Moderate
RETAIL STORES
$1,450,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10% · vs last sale $1.65M (Jul 19 2021)
Last sale anchor
$1.65M
Jul 19 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$56,050
Tax year 2022
Assessed value
$1,648,800
Assessed 2023
Previous assessed
$1,648,800
+0.0% YoY
Effective rate
3.40%
On assessed value
Assessed land
$684,000
Assessed improvement
$964,800
Land market value
$684,000
Improvement market value
$964,800
Total market value
$1,648,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1995
Heating
NONE
Stories
1
Total area
17,600 SF
Lot
1.52 ac (66,211 SF)
APN
14-04-4-06-003-0-0000
UPID
US25-0364077
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Stories
1
Lot
1.52 ac
Current owner
From public records · entity-resolved
Mogul Holdings LLC
Entity
Mailing address
5167 UTICA RDG RD, DAVENPORT, IA 52807-3863
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2021
$1,650,000
Mogul Holdings LLC
Berry Properties Lc
Warranty Deed
$1,320,000 · Greenstate Cu
Dec 5, 2016
—
Berry Properties Lc
—
Deed
related
—
—
—
Berry Properties Lc
—
Deed Of Trust
related
$20,000 · Guaranty Bank
—
—
Berry Properties Lc
—
Loan Modification
related
—
—
—
Berry Properties Lc
—
Deed Of Trust
related
$1,795,000 · Farmers St Bk/danforth
—
—
Berry Properties Lc
—
Deed Of Trust
related
$1,573,021 · Regions Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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