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    3315 Williams SW Blvd Cedar Rapids, IA 52404-1478

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    3315 Williams SW Blvd Cedar Rapids, IA 52404-1478


    • Strip malls
    • 9,424 SF
    • 1.25 lot acres
    Off-Market
    Property ID
    US25-0054656
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $760,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 3315 Williams SW Blvd

    Year built
    2004
    Lot size
    1.25 lot acres
    Property size
    9,424 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    14-31-2-51-014-0-0000
    APU
    143125101400000

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $804,000
      Market price range: $482k - $1.21M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $770,000
      Current use
      AUTO REPAIR, GARAGE
      $1,005,000
      Change: +30% Conversion: Difficult
      MEDICAL BUILDING
      $940,000
      Change: +22% Conversion: Difficult
      RETAIL STORES
      $775,000
      Change: +0% Conversion: Easy
      OFFICE BUILDING
      $735,000
      Change: -5% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.7141
    Latitude
    41.9586
    CBSA code
    16300
    CBSA name
    CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $40,442
    $500,000
    $769,400
    $1,269,400
    -
    $500,000
    $769,400
    $1,269,400
    More about this property
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