Property profile

3600 1st NE Ave Cedar Rapids, IA 52402

OFF-MARKET
Office buildings
Property ID
US25-0405092
8,766 SF 0.56 ac lot Built 2005
Trust Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Total area 8,766 SF
Lot 0.56 ac (24,394 SF)
APN 14-11-2-53-021-0-0000
UPID US25-0405092

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Insurance Agency
  • Financial Advisor
  • Law Firm
  • Loan Service Bank

Location

3600 1st NE Ave Cedar Rapids, IA 52402-6103
Cedar Rapids metro Census 700 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$690k
Comparable Approach Comparable
$649k
Blend (final) Blend
$640k

Owner & transaction history

since 2015
6 recorded transactions
2017
Price N/A
2015
Price N/A
2010
$1.3M
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $935,000 +16.3%
Medical building $875,000 +8.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3600 1st NE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message