Realmo Analytics

Get property leads for Acquiring or Refinance. View reports on 50M+ commercial properties in the US.

Lead list sample
Financial
Distress signals
Property profile

3223 1St Ave SE Cedar Rapids, IA 52402

FOR LEASE
Retail space
Property ID
US25-0167274
4,085 SF 0.39 ac lot Built 1920
Last sale Mar 2026 · $426,500
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Commercial property located on 1st Avenue in Cedar Rapids, Iowa, with convenient access to Interstate 380 and Highway 100. The site is suitable for retail, office, or redevelopment uses and is positioned along a roadway that supports visibility to passing traffic. The building contains approximately 4,085 square feet of flexible interior space and is supported by on-site parking. The surrounding area includes a mix of national retailers, medical offices, and service providers.

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.

Debts

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?
$11k
Tax billed · 2022
Assessed value · 2023$269k
Assessed land$118k
Assessed improvement$151k
Effective rate4.03%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$235k

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

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$39 – $139
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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.1
Law Firm16.4
HVAC Service13.7

Location

3223 1St Ave SE Cedar Rapids, IA 52402
County assessor Recorded deeds · 9 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1755 1st SE, Cedar Rapids, IA 52402-5432 $554,500 Sep 2023 5,788 SF
1430 1st NE, Cedar Rapids, IA 52402-5023 $1,300,000 Dec 2022 3,278 SF
223 Collins NE, Cedar Rapids, IA 52402-3159 $3,270,000 Jun 2022 4,855 SF
2020 Towne NE, Cedar Rapids, IA 52402-1912 $90,000 Apr 2021 3,420 SF
380 Blairs Fry NE, Cedar Rapids, IA 52402-1603 $1,000,000 Dec 2020 4,303 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again