Property profile

2706 1st NE Ave Cedar Rapids, IA 52402

OFF-MARKET
Turn key restaurants
Property ID
US25-0301025
2,688 SF 0.17 ac lot Built 1920
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Total area 2,688 SF
Lot 0.17 ac (7,405 SF)
APN 14-14-2-27-016-0-0000
UPID US25-0301025

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2706 1st NE Ave Cedar Rapids, IA 52402-4805
Cedar Rapids metro Census 1800 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
Last sale
$325,000
3 recorded transactions
2022
$325,000
2019
$5,000
1969
Price N/A

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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