Financial
Distress signals
Property profile

305 2nd St Seg Cedar Rapids, IA 52401

OFF-MARKET
Office buildings
Property ID
US25-0390693
7,285 SF Built 1927
Last sale Jan 2012 · $424,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$16k
Tax billed · 2022
Assessed value · 2023$495k
Assessed land$54k
Assessed improvement$441k
Effective rate3.20%

Value estimate

· Sep 2026
$430k
$387k – $473k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$52 – $99
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.1
Storage Facility10.3
Barber Shop9.2

Location

305 2nd St Seg Cedar Rapids, IA 52401-1704
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
313 3rd SE, Cedar Rapids, IA 52401-1506 $128,000 May 2024 16,800 SF
100 2nd SE, Cedar Rapids, IA 52401-1217 $815,000 Jul 2023 10,160 SF
200 5th SE, Cedar Rapids, IA 52401-1856 $3,650,000 Nov 2021 24,000 SF
213 4th SE, Cedar Rapids, IA 52401 $2,175,000 Nov 2021 25,110 SF
625 1st SE, Cedar Rapids, IA 52401-1317 $525,000 Mar 2021 5,788 SF
425 2nd St Se, Cedar Rapids, IA 52401-1888 $165,000 Feb 2019 13,720 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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