Financial
Distress signals
Property profile

2350 Edgewood SW Rd Cedar Rapids, IA 52404

OFF-MARKET
Drive through restaurants
Property ID
US25-2328444
3,117 SF 0.6 ac lot Built 1979
Last sale Apr 2026 · $1,970,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4,307-square-foot restaurant space at 2350 Edgewood Rd SW in Cedar Rapids, Iowa, presents a unique investment opportunity. Located in a suburban mixed-use regional center, this single-tenant property boasts high visibility along Edgewood Rd SW. Built in 1979 and extensively renovated in 2020, the building sits on a 0.6-acre lot and features a two-story design. The main floor encompasses 2,851 square feet, while the mezzanine level adds another 1,456 square feet, perfect 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?
$31k
Tax billed · 2022
Assessed value$974k
Assessed land$420k
Assessed improvement$554k
Effective rate3.15%

Value estimate

· Sep 2026
$310k
$279k – $341k

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.1
Wholesale Shop10.5
Daycare Center10.1

Location

2350 Edgewood SW Rd Cedar Rapids, IA 52404-3250
County assessor Recorded deeds · 4 transfers 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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