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    OFF-MARKET
    Office buildings

    34 43rd SW Ave, Cedar Rapids, IA 52404-4909

    2,100 SF 0.51 ac lot Built 2018
    Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US25-2272076
    Property summary
    AI-generated overview

    This Cedar Rapids, IA industrial property offers 22,520 square feet of versatile space, ideal for a variety of uses. The property includes a 2,100 square foot modern office building constructed in 2018, complemented by 20,420 square feet of warehouse space. The warehouse area comprises four separate buildings: a 7,200 square foot pole frame structure (1979, unheated), a 6,350 square foot pole frame structure (1979, unheated), a 3,990 square foot pole frame structure (1968, unheated), and a 2,880 square foot steel frame structure (1968, heated with three-phase power). Warehouse sidewall heights are 16 feet, with 14-foot overhead doors (except the heated building, which has 12-foot sidewalls and a 10-foot overhead door). Three loading docks are conveniently located on 43rd Ave SW. The 1.72-acre lot is zoned commercial and offers expansion potential, particularly west of the office building. The asking price is $1,300,000, translating to $57.73 per square foot. This single-tenant property presents a unique opportunity for businesses seeking a blend of modern office space and substantial warehouse capacity in a prime Linn County location. The property features one dock-high door. APN: 9044-76009-00000/9044-76010-00000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2018
    Construction WOOD FRAME
    Total area 2,100 SF
    Lot 0.51 ac (22,216 SF)
    APN 19-04-4-76-010-0-0000
    UPID US25-2272076
    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
    • Turquoise Trucking Trucking Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Bashkanlar LLC · 3 yrs held
    Bashkanlar LLC
    since 2023
    1 recorded transaction
    2023
    $830,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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