Financial
Distress signals
Property profile

230 Collins Rd Neb Cedar Rapids, IA 52402

OFF-MARKET
Drive through restaurants
Property ID
US25-1908926
2,886 SF 1.24 ac lot Built 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 30,094 square foot commercial land parcel presents a unique investment opportunity in Cedar Rapids, Iowa. Situated at 230 Collins Road NE, zip code 52402, this single-tenancy property boasts a prime location within a thriving retail corridor. The site benefits from high visibility and exceptional daily traffic counts exceeding 38,000 vehicles on Collins Road NE. This makes it an ideal location for a variety of commercial developments. The property is currently available for

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$22k
Tax billed · 2022
Assessed value$1.42M
Assessed land$620k
Assessed improvement$796k
Effective rate1.57%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$305k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$158/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$95 – $216

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: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel11.7
Food Market10.9
Electrical Service9.8

Location

230 Collins Rd Neb Cedar Rapids, IA 52402-3117
County assessor Recorded deeds · not on file 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

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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