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    Property profile & analytics

    2203 Heritage Blvd Hiawatha, IA 52233-2325

    • Office buildings
    • 2,570 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Last Sale
    Jun 22, 2020
    $310,000
    Location Intelligence
    Property ID
    US25-1195262
    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

    • Edward Jones - Financial Advisor: Kyle R Hibbing, AAMS™ / Financial Consultant / Finance Broker
    • Jacob Roetman American Family Insurance / Insurance Agency

    Property Details for 2203 Heritage Blvd

    Year built
    2003
    Lot size
    0.26 lot acres
    Property size
    2,570 SF
    Property type
    Office buildings
    APN
    11-31-4-56-013-0-0000
    APU
    113145601300000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $185,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $180,000
      Mixed-Use
      $195,000
      Hospitality
      $225,000
      Educational
      $170,000
      Residential Income
      $205,000
      Energy
      $200,000
      Income-Based Land
      $190,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Hiawatha
    County
    Linn
    State
    Iowa
    Longitude
    -91.7039
    Latitude
    42.0378
    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
    $9,108
    $49,900
    $279,000
    $328,900
    -
    $49,900
    $279,000
    $328,900

    Comparable in this City

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      $355,000
      2,964 SF

      2203 Blairsferry Xing

      PROFESSIONAL BUILDING • 2,964 SF
      2203 Blairsferry Xing, Hiawatha, IA 52233-7983
      View Details
    • Value Estimation
      $220,000
      899 SF

      98 Willman St

      PROFESSIONAL BUILDING • 899 SF
      98 Willman St, Hiawatha, IA 52233-1519
      View Details
    • Value Estimation
      $205,000
      864 SF

      307 6th Ave

      PROFESSIONAL BUILDING • 864 SF
      307 6th Ave, Hiawatha, IA 52233-1704
      View Details
    • Value Estimation by Request
      8,003 SF

      1350 Blairs Fry Rd

      OFFICE (GENERAL) • 8,003 SF
      1350 Blairs Fry Rd, Hiawatha, IA 52233-1950
      View Details
    • Value Estimation by Request
      13,020 SF

      400 Blairsferry Xing

      MEDICAL BUILDING • 13,020 SF
      400 Blairsferry Xing, Hiawatha, IA 52233-7988
      View Details
    • Value Estimation by Request
      9,720 SF

      800 Compton Dr

      OFFICE (GENERAL) • 9,720 SF
      800 Compton Dr, Hiawatha, IA 52233-2215
      View Details

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    2203 Heritage Blvd
    Hiawatha, IA 52233-2325
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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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