Property profile

2120 Edgewood SW Rd Cedar Rapids, IA 52404

OFF-MARKET
Sports & entertainment properties
Property ID
US25-2553589
35,346 SF 2.81 ac lot Built 2002
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 2002
Total area 35,346 SF
Lot 2.81 ac (122,404 SF)
APN 13-36-1-76-016-0-0000
UPID US25-2553589

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

2120 Edgewood SW Rd Cedar Rapids, IA 52404-2342
Cedar Rapids metro Census 1005 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.99M

Owner & transaction history

since 2022
Last sale
$2.8M
1 recorded transaction
2022
$2.8M

Zoning & alternative use

Top alternative use upside
Restaurant $2.8M +209.1%
Commercial (general) $2.6M +189.3%
Apartment house (5+ units) $2.3M +154.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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