Financial
Distress signals
Property profile

2300 Edgewood Rd SW Cedar Rapids, IA 52404

FOR LEASE
Strip malls
Property ID
US25-0252809
16,939 SF Built 2010
Last sale May 2009 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 10,307-square-foot retail building constructed in 2012, configured for storefront and service-oriented uses, with modern interior finishes. The space includes drive-through capability, signage opportunities, and on-site parking, and was previously occupied by Buff City Soap. Located at 2300 Edgewood Road SW, Unit G in Cedar Rapids, the property sits along a heavily traveled commercial corridor with both pedestrian and vehicle exposure, and is surrounded by national retail tenants that support a retail-oriented setting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$108k
Tax billed · 2022
Assessed value · 2023$3.29M
Assessed land$1.33M
Assessed improvement$1.96M
Effective rate3.28%

Value estimate

· Sep 2026
$1.57M
$1.41M – $1.72M
Submarket $/SF estimate$2.08M
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$3k
Operating expenses−$12k
NOI · 149,561.11% cap applied$27k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$51 – $128

Cap rate analysis

How does the asset earn?
149,561.11%
$27k 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.

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 agency33.3
Building Supply21.9
Wholesale Shop20.5

Location

2300 Edgewood Rd SW Cedar Rapids, IA 52404
County assessor Recorded deeds · 2 transfers 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3225 Williams SW, Cedar Rapids, IA 52404-1476 $1,787,500 Nov 2022 15,583 SF
3245 Williams SW, Cedar Rapids, IA 52404-1446 $1,692,000 Apr 2022 15,282 SF
2380 Edgewood SW, Cedar Rapids, IA 52404-3250 $975,000 Dec 2021 11,683 SF
2210 Edgewood SW, Cedar Rapids, IA 52404-2481 $750,000 Jun 2021 12,977 SF
2000 Wiley SW, Cedar Rapids, IA 52404-6814 $1,400,000 Dec 2020 18,741 SF
820 6th SW, Cedar Rapids, IA 52404-5829 $1,125,000 Oct 2019 10,615 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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