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Property profile & analytics

3525 Center Point Rd Cedar Rapids, IA 52402

  • Office buildings
  • 2,700 SF
  • 0.42 lot acres
Value Estimations
$235,000
Cap Rate Potential
6.2%
Office buildings
Location Intelligence
Property ID
US25-0092571
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.

Current Use by Public Records

  • D & D Real Estate Holdings / Property Management Company
  • Ms. Karen Matthews / Counselor / Practitioner Service Location
  • Kernels Siding Experts / Siding Contractor
  • Vern Cooper & Associates Inc / Estate Planning Attorney

Property Details for 3525 Center Point Rd

Year built
1979
Lot size
0.42 lot acres
Property size
2,700 SF
Property type
Office buildings
APN
14-09-1-52-012-0-0000
APU
140915201200000

Description

This exceptional 1,500 square foot executive office suite, part of a larger 5,400 square foot building, presents a fantastic opportunity in Cedar Rapids, IA. Located at 3525 Center Point Rd NE, this completely remodeled space boasts a neutral décor, highlighted by solid six-panel cherry doors and trim. The layout includes four generously sized offices, each featuring functional windows, ensuring ample natural light. A welcoming waiting room and reception area create a professional first impression. Additional amenities include a kitchenette, a larger storage area, and Cat-5 wiring, making it ready for modern technology. Cable TV and DSL connections are readily available. The building features separate utilities, including a new 90% efficient furnace and central air conditioning, ensuring comfortable year-round operation. The property also benefits from a prominent 32 square foot street sign, enhancing visibility. The building sits on a 0.42-acre lot and was constructed in 1979. The single-story building offers ceiling heights ranging from 7 to 10 feet. The space is equipped with 220-volt power. Zoning is O/S. The property is available for lease on a NNN basis. The minimum divisible space is 1,500 square feet, with a maximum contiguous space also at 1,500 square feet. The APN is 140915201200000. This property is ideal for businesses seeking a move-in ready, professional office environment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $225,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $230,000
    6.5%
    $215,000
    7%
    $200,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $280,000
    Market price range: $193k - $280k
    AI Estimate
    $222,000
    Market price range: $74.8k - $247k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $250,000
    Current use
    AUTO REPAIR, GARAGE
    $290,000
    Change: +16% Conversion: Difficult
    MEDICAL BUILDING
    $270,000
    Change: +9% Conversion: Easy
    RETAIL STORES
    $220,000
    Change: -10% Conversion: Moderate
    NEIGHBORHOOD: SHOPPING CENTER
    $220,000
    Change: -11% Conversion: Difficult

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Location Insight

  • Map
  • Local Demand
City
Cedar Rapids
County
Linn
State
Iowa
Longitude
-91.6646
Latitude
42.0149
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
$10,518
$91,500
$238,200
$329,700
-
$91,500
$238,200
$329,700
More about this property
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