Realmo Analytics

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Property profile

2204 Johnson NW Ave Cedar Rapids, IA 52405

OFF-MARKET
Assisted living facilities
Property ID
US25-0340191
19,277 SF 0.85 ac lot Built 1988
Last sale Jul 2001 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional multifamily investment opportunity encompasses four buildings totaling 51,053 square feet and 125 units in Cedar Rapids, Iowa. The portfolio, comprised of three apartment buildings and one independent living facility, offers a compelling value-add proposition. Built in 1987 (average), the property currently operates as a senior living community, providing studios and suites, along with twelve one-bedroom independent living units. The portfolio boasts a strong pro-forma NOI…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$40k
Tax billed · 2022
Assessed value · 2023$1.95M
Assessed land$96k
Assessed improvement$1.85M
Effective rate2.03%

Value estimate

· Nov 2026
$325k
$293k – $358k
AI approach$395k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.2
Law Firm13.7
HVAC Service11.5

Location

2204 Johnson NW Ave Cedar Rapids, IA 52405-4732
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 14 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
3944 Crestwood NW, Cedar Rapids, IA 52405-1959 $2,154,146 Sep 2020 3,932 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
5 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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