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    Property profile & analytics

    202 10Th St Cedar Rapids, IA 52403

    • Medical offices
    • 75,145 SF
    • 3.02 lot acres
    For Lease
    View listing
    $23 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US25-0491835
    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

    • Physican's Clinic of Iowa / Hospital / Doctor
    • Physicians Clinic Of Iowa / Medical Center
    • Physicians' Clinic of Iowa Orthopedics / Orthopedic Clinic
    • Physicians’ Clinic of Iowa, PC / Medical Clinic / Neurologist
    • Physicians' Clinic of Iowa Hematology & Oncology / Cancer Treatment Center

    Property Details for 202 10Th St

    Year built
    2011
    Lot size
    3.02 lot acres
    Property size
    75,145 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    14-22-3-30-011-0-0000
    APU
    142233001100000

    Description

    This exceptional Class A medical office building, constructed in 2013, offers 205,425 square feet of space in Linn County. Currently, 15,480 square feet is available for lease, with two contiguous spaces ranging from 1,626 to 3,810 square feet. The building boasts a desirable multi-tenant occupancy and is conveniently located near 2nd Ave SE, zoned U-MF. The three-story building features impressive 11-14 foot ceiling heights, creating a spacious and modern environment. Its prime location within the Medical District ensures high visibility and accessibility for patients and staff. The building provides convenient amenities including ample adjacent parking, community rooms, and a full-service coffee shop/restaurant, enhancing the overall patient experience. The 2024 estimated Common Area Maintenance (CAM) rate is $19.33 per square foot, encompassing real estate taxes, insurance, landscaping, snow removal, maintenance, trash removal, janitorial services, and common area utilities. This represents a significant value proposition for prospective tenants seeking a well-maintained, amenity-rich space in a thriving medical district. Interested parties should inquire for details regarding potential rate adjustments.

    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
    -91.6574
    Latitude
    41.9833
    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
    $460,038
    $552,500
    $13,981,000
    $14,533,500
    -
    $552,500
    $13,981,000
    $14,533,500

    Comparable in this City

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      1201 3rd SE Ave, Cedar Rapids, IA 52403-4009
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    • Value Estimation
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      2,590 SF

      1225 3rd SE Ave

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      1225 3rd SE Ave, Cedar Rapids, IA 52403-4009
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    • Value Estimation by Request
      5,100 SF

      866 5th SE Ave

      MEDICAL BUILDING • 5,100 SF
      866 5th SE Ave, Cedar Rapids, IA 52403-2412
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    Similar Nearby for Lease

    • $23 SF/Yr
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      Prime Medical Office Space Available

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    Cedar Rapids, IA 52403
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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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