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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Sports & entertainment properties
207 7th SE Ave, Cedar Rapids, IA 52401-2001
Individually Owned
5-yr Hold
Free & Clear
Property ID
US25-0314157
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2002
Total area
43,863 SF
Lot
1.86 ac (81,022 SF)
APN
14-28-1-51-002-0-0000
UPID
US25-0314157
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
-
MACR Sharks Swim Team Swimming Pool Gym & Fitness Center
-
YMCA Child Welfare Organization Charitable Organization
-
CCBBA Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Young Mens Christian Assn Of · 5 yrs held
Young Mens Christian Assn Of
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,115,000
Current use
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10%
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
$26 / 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
Assessed value
$11,614,000
Assessed 2023
Previous assessed
$11,614,000
+0.0% YoY
Assessed land
$2,027,700
Assessed improvement
$9,586,300
Land market value
$2,027,700
Improvement market value
$9,586,300
Total market value
$11,614,000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
43,863 SF
Lot
1.86 ac (81,022 SF)
APN
14-28-1-51-002-0-0000
UPID
US25-0314157
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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.1M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
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
2002
Heating
NONE
Stories
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
Young Mens Christian Assn Of
Individual
Free & Clear · 5 yrs held
Mailing address
207 7TH AVE SE, CEDAR RAPIDS, IA 52401-2001
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2020
—
Young Mens Christian Assn Of
—
Deed
related
$3,610,872 · Farmers St Bk
Aug 6, 2020
$36,500
Young Mens Christian Assn Of
Iowa Natural Heritage Foun
Warranty Deed
—
Dec 30, 2019
—
Young Mens Christian Assn & Cedar Rapids Metropoli
—
Deed
related
$17,960,000 · Nxt Bk
—
—
Young Mens Christian Assn Of Ced
—
Deed Of Trust
related
$1,302,000 · Us Small Business Admn
—
—
Young Mens Christian Assn & Cedar Rapids Metropoli
—
Deed Of Trust
related
$17,960,000 · Nxt Bk
—
—
Young Mens Christian Assn Of
—
Deed Of Trust
related
$3,610,872 · Farmers St Bk
—
—
Young Mens Christian Assn Of Ced
—
Deed Of Trust
related
$1,302,000 · Us Small Business Admn
—
—
Young Mens Christian Assn Of Ced
—
Deed Of Trust
related
$352,900 · Us Small Business Admn
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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