Property profile

302 3rd SW Ave Cedar Rapids, IA 52404

OFF-MARKET
Turn key restaurants
Property ID
US25-1224883
2,670 SF 0.39 ac lot Built 1969
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Total area 2,670 SF
Lot 0.39 ac (16,988 SF)
APN 14-28-2-53-005-0-0000
UPID US25-1224883

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
  • Real Estate Agency
  • Corporate Office
  • Business Management Consultant Consultant
  • Restaurant
  • Bar & Pub

Location

302 3rd SW Ave Cedar Rapids, IA 52404-2008
Cedar Rapids metro Census 2200 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2022
Last sale
$550,000
5 recorded transactions
2022
$550,000
2018
Price N/A
2014
$237,500
2014
$295,523
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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