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Financial
Distress signals
Property profile

2218 College St Cedar Falls, IA 50613

FOR SALE
Retail space
Property ID
US25-0366984
2,840 SF 0.06 ac lot Built 1914
Last sale Oct 2011 · $260,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
2218 College St, Cedar Falls, IA 50613 For Sale 1 / 29
$220,000 2,840 SF
2218 College St, Cedar Falls, IA 50613
View Listing

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 · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$241k
Assessed land$38k
Assessed improvement$203k
Effective rate1.64%

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$220k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 409.25% cap applied$13k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$31 – $102
Qualifying comparables3

Cap rate analysis

How does the asset earn?
409.25%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionBLACK HAWK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.0
Realty agency11.6
Auto Parts Store11.0

Location

2218 College St Cedar Falls, IA 50613
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
106 Main, Cedar Falls, IA 50613-2622 $578,000 Feb 2025 2,879 SF
108 Main, Cedar Falls, IA 50613-2622 $550,000 Feb 2023 2,877 SF
1420 1st, Cedar Falls, IA 50613-2116 $1,000,000 Jun 2021 4,128 SF
307 Main, Cedar Falls, IA 50613-2720 $485,000 Apr 2021 4,246 SF
309 Main, Cedar Falls, IA 50613-2720 $340,000 Mar 2021 4,555 SF
702 Main, Cedar Falls, IA 50613-2951 $275,000 Aug 2020 2,806 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
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $220,000
    3,168 SF
    116 Main St
    RETAIL STORES (PERSONAL SERVICES)
    116 Main St, Cedar Falls, IA 50613-2622
    View Details
  • Value Estimation
    $235,000
    3,235 SF
    3205 Hudson Rd
    RETAIL STORES (PERSONAL SERVICES)
    3205 Hudson Rd, Cedar Falls, IA 50613-6724
    View Details
  • Value Estimation
    $325,000
    3,244 SF
    205 2nd St
    FINANCIAL BUILDING
    205 2nd St, Cedar Falls, IA 50613-2722
    View Details
  • Value Estimation
    $185,000
    2,055 SF
    2220 College St
    RETAIL STORES (PERSONAL SERVICES)
    2220 College St, Cedar Falls, IA 50613-3622
    View Details
  • Value Estimation
    $950,000
    4,128 SF
    1420 1st St
    CONVENIENCE STORE
    1420 1st St, Cedar Falls, IA 50613-2116
    View Details
  • Value Estimation
    $460,000
    4,486 SF
    217 Washington St
    RETAIL STORES (PERSONAL SERVICES)
    217 Washington St, Cedar Falls, IA 50613-2729
    View Details

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    Contact for pricing
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  • New
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    A 2,500 SF retail suite in a strip center with flexible open space and strong signage opportunities.
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  • New
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    Newly renovated unit with strong frontage and signage, ready for tailored build-out for office or retail use.
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    View Details
  • New
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    Newly designed retail storefront with drive-through capability and high visibility for strong customer access.
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  • New
    Contact for pricing
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  • New
    Contact for pricing
    2,200 SF
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    Open-plan storefront with large windows, natural light, central air, and NNN lease structure.
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Similar Nearby for Lease

  • New
    $11 SF/Yr
    3,100 sqft
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    3100 sq ft space near Cedar Falls Main Street.
    115 E 4th St Ste 102, Cedar Falls, IA 50613
    View Details
  • New
    $21 SF/Yr
    2,390 sqft
    Main Street Office/Retail Space
    Newly remodeled office/retail space with frontage and signage.
    2300 Main St Ste 201, Cedar Falls, IA 50613
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  • New
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    2,326 sqft
    Retail Space Available For Rent
    2,326 SF retail space available now for lease.
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  • Contact for pricing
    3,661 sqft
    In-Line Retail Space
    Retail space along University Avenue near College Square Mall and established neighboring businesses.
    6205 University Avenue, Cedar Falls, IA 50613
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  • New
    Contact for pricing
    4,500 sqft
    Brand-New Retail with Drive-Thru
    New retail space with drive-thru capability and high visibility on a corridor seeing 12,000 cars daily.
    1621 W 1st St, Cedar Falls, IA 50613
    View Details
  • New
    Contact for pricing
    1,588 sqft
    Retail Space Available For Rent
    Retail space available for rent, approximately 1,588 square feet.
    4505 Algonquin Dr, Cedar Falls, IA 50613
    View Details
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