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Property profile & analytics
OFF-MARKET Estimated value $760,000
Strip malls

3315 Williams SW Blvd Cedar Rapids, IA 52404-1478

9,424 SF 1.25 ac lot Built 2004
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-0054656
Property summary
AI-generated overview

This single-story, 9,424 square foot retail building, constructed in 2004, offers six suites in a prime Linn County location on Williams Blvd SW. Two suites are currently available, totaling 1,506 square feet. The property boasts exceptional visibility and high traffic counts exceeding 12,500 vehicles daily. Its strategic location places it amongst established businesses including UPS Store, Edward Jones, WW, Happy Joe's Pizza, Taco Bell, Dupaco Credit Union, and Social Security Administration, ensuring strong foot traffic and brand synergy. The landlord is willing to contribute to tenant build-out costs. Flexible operating hours are permitted for tenants. A compelling incentive package is available for qualified tenants: up to three months of free base rent for a five-year lease. The 2024 common area maintenance (CAM) estimate is $6.54 per square foot. The rental rate reflects a first-year incentive; subsequent years will see a graduated increase: $11.50/SF in year two, $12.50/SF in year three, and $13.50/SF NNN in years four and five. The property's zoning is currently SMUCC (the previous zoning code was C-3A). This presents a unique opportunity for businesses seeking high visibility and a supportive landlord in a thriving commercial area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 9,424 SF
Lot 1.25 ac (54,450 SF)
APN 14-31-2-51-014-0-0000
UPID US25-0054656
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
  • Crave Local Courier Service Postal Service
  • Happy Joe's Pizza Restaurant
  • Momentum Multipliers Consultant
  • Campus Publishing Publishing House
  • Air Compressors USA Production Facility Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$804k
Blend (final) Blend
$760k
Owner & transaction history
Best Ever Retail Partners LLC
Best Ever Retail Partners LLC
since 2025
2 recorded transactions
2025
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.0M +30.2%
Medical building $940,000 +21.9%
Retail stores $775,000 +0.4%
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