2727 1St Ave SE Cedar Rapids, IA 52402
Property profile & analytics
2727 1St Ave SE Cedar Rapids, IA 52402
- Medical Office Space
- 8,576 SF
- 0.76 lot acres
Property ID
US25-0316039
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Jerry W. Kaalberg, DDS / Dental Office
- Dr. Clayton Parks, DDS / Dental Office
- Parks, Schmit, & Fuller Orthodontics / Dental Office
- Jason Schmit / Dental Office
- Jessica Fuller / Dental Office
Property Details for 2727 1St Ave SE
- Year built
- 1972
- Lot size
- 0.76 lot acres
- Property size
- 8,576 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 14-14-2-29-018-0-0000
- APU
- 141422901800000
Description
This 8,576 square foot medical office building in Cedar Rapids, Iowa, is available for sale or lease. Located at 2727 1st Ave SE, this single-tenant property boasts a split-foyer design, offering versatile space ideal for various medical practices. Previously configured as a periodontic clinic on the lower level and two dental suites upstairs (one a general dentistry practice), the building features a well-updated orthodontist suite with modern finishes. The property sits on a 0.76-acre lot and benefits from excellent visibility with over 100 feet of frontage on 1st Avenue SE, providing high traffic exposure with nearly 20,000 vehicles passing daily. Ample parking is available with 54 spaces, accessible from both 1st Avenue and 2nd Avenue SE. Built in 1972, the building is zoned for Traditional Mixed-Use Center use within Linn County. The entire 8,576 square feet is currently vacant, presenting a unique opportunity for a medical practice seeking a prominent location with substantial space and parking. This prime Cedar Rapids location offers a blend of convenience and high visibility, making it an attractive investment opportunity. The property's size, layout, and location make it a highly desirable asset in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $534,000
Market price range: $535k - $1.05M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $855,000 Current use
- OFFICE BUILDING
- $785,000 Change: -8% Conversion: Easy
- RETAIL STORES
- $705,000 Change: -18% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $705,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6341
- Latitude
- 42.0042
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$20,176
$228,000
$506,300
$734,300
-
$228,000
$506,300
$734,300
