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Property profile & analytics
OFF-MARKET
Office buildings

2801 6th SW St Cedar Rapids, IA 52404-4003

7,645 SF 0.67 ac lot Built 1977
Entity Owned Absentee Owner Free & Clear
Property ID
US25-0053865
Property summary
AI-generated overview

This exceptional 7,709-square-foot executive office building presents a unique investment opportunity. Located on a 0.67-acre lot, this single-tenant property boasts an all-brick exterior with abundant natural light from numerous windows. Completely remodeled and updated, the interior features a desirable mix of 13 to 16 private offices, complemented by 3 to 5 conference rooms, spacious reception areas, and ample cubicle space. The building's flexible layout allows for diverse configurations, including the potential to divide the space into two units of 5,036 square feet and 2,673 square feet, ideal for owner-occupancy and subletting. Built in 1977 and zoned C, this property offers exceptional convenience with its central location and easy access to I-380 and US Highway 30. Ample parking is provided with 33 off-street spaces. The estimated annual net operating expenses (NNN) including common area maintenance (CAM) are $4.98 per square foot. This Class A office space is priced for immediate sale at $89 per square foot, representing a compelling investment opportunity in a highly desirable location. The property's versatility and prime location make it an attractive option for a variety of businesses seeking a modern and functional workspace.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Total area 7,645 SF
Lot 0.67 ac (29,185 SF)
APN 14-33-3-53-024-0-0000
UPID US25-0053865
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tarot Card Reading Cedar Rapids Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Villas Investments LLC
Villas Investments LLC
since 2026
3 recorded transactions
2026
$415,000
2025
$500,000
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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