3318 1st NE Ave Cedar Rapids, IA 52402-6046
Property profile & analytics
3318 1st NE Ave, Cedar Rapids, IA 52402-6046
- Strip malls
- 10,238 SF
- 0.80 lot acres
Property ID
US25-0072734
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.
Location Intelligence
Current Use by Public Records
- Heartland Animal Hospital Cedar Rapids / Veterinary Clinic
- Well Health Studio Inc / Alternative Medicine Practice / Spa & Massage Center
- Kenwood Plaza / Gym & Fitness Center
Property Details for 3318 1st NE Ave
- Year built
- 2006
- Lot size
- 0.80 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 14-11-3-29-027-0-0000
- APU
- 141132902700000
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,730,000
- 6.5%
- $1,595,000
- 7%
- $1,480,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $940,000
- AI Estimate
- $1,247,000
Market price range: $523k - $1.31MMarket price range: $277k - $1.74M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $840,000 Current use
- RESTAURANT
- $1,620,000 Change: +93% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,090,000 Change: +30% Conversion: Difficult
- MEDICAL BUILDING
- $1,020,000 Change: +22% Conversion: Difficult
- OFFICE BUILDING
- $940,000 Change: +12% Conversion: Moderate
- RETAIL STORES
- $840,000 Change: +0% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6356
- Latitude
- 42.0117
- 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
$36,124
$240,000
$1,060,400
$1,300,400
-
$240,000
$1,060,400
$1,300,400
