275 10th SE St Cedar Rapids, IA 52403-2450
Property Lookup
Property profile & analytics
275 10th SE St Cedar Rapids, IA 52403-2450
- Medical Office Space
- 98,565 SF
- 1.37 lot acres
Property ID
US25-2371205
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
- Wellness & Primary Care -Physicians' Clinic of Iowa Medical Pavilion 2 / Hospital
- Physicians' Clinic of Iowa Family Medicine / Pediatrician / Physician
- Physicians' Clinic of Iowa - Medical Pavilion 2 / Medical Group
- Physicians' Clinic of Iowa Primary Care & Wellness Center / Medical Clinic
- Eastern Iowa Sleep Center - Cedar Rapids / Medical Clinic
Property Details for 275 10th SE St
- Year built
- 2018
- Lot size
- 1.37 lot acres
- Property size
- 98,565 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 14-21-4-09-021-0-0000
- APU
- 142140902100000
Description
This exceptional three-story medical office building, constructed in 2018, offers a prime opportunity for medical professionals seeking modern, efficient space in Cedar Rapids, Iowa. Located at 275 10th St SE, 52403, this property boasts a total of 98,000 square feet, with multiple tenancy options available. Individual suites range from a minimum of 3,803 square feet to a maximum contiguous space of 7,900 square feet, catering to various practice sizes. The building is zoned U-MF, reflecting its suitability for medical and mixed-use functions. The property features convenient amenities designed for both patients and staff, including ample adjacent parking, communal spaces, and an on-site coffee shop/restaurant. The base rental rate includes a basic build-out allowance, simplifying the move-in process. The building has a 17.6% load factor. The 2024 estimated common area maintenance (CAM) charge is $14.95 per square foot, encompassing real estate taxes, insurance, landscaping, snow removal, building maintenance, trash removal, janitorial services, and common area utilities. This represents a comprehensive and cost-effective solution for medical practices seeking a well-appointed and conveniently located facility in a thriving Cedar Rapids community. The building is part of the PCI Medical Pavilion expansion, ensuring a modern and professional environment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,240,000
- 6.5%
- $11,300,000
- 7%
- $10,495,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,040,000
- AI Estimate
- $6,083,000
Market price range: $6.14M - $12.0MMarket price range: $2.43M - $6.47M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $9,845,000 Current use
- RESTAURANT
- $15,580,000 Change: +58% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $10,515,000 Change: +7% Conversion: Difficult
- RETAIL STORES
- $8,110,000 Change: -18% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $8,075,000 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
- -91.659
- Latitude
- 41.9822
- 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
$617,224
$685,000
$17,326,300
$18,011,300
-
$685,000
$17,326,300
$18,011,300
