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    Property profile & analytics
    OFF-MARKET
    Retail space

    3800 Wilson SW Ave, Cedar Rapids, IA 52404-6347

    8,774 SF 0.91 ac lot Built 1980
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US25-0229939
    Property summary
    AI-generated overview

    This single-story, 8,774 square foot commercial building, situated in the desirable Westdale Mall area behind Hills Bank, offers multiple office suites for lease. Built in 1980 and renovated in 2020, the property boasts a convenient location with excellent visibility from Williams Boulevard. The building features three total suites, with one suite currently vacant at 1,804 square feet – the minimum divisible space. Shared amenities include 30 parking spaces and shared restrooms accessible via a shared hallway. Each suite also has its own private entrance. Utilities (gas, electric, and water) are included in the monthly rent. The property is zoned commercial and is part of the Westdale Mall area submarket in Cedar Rapids. Landlords are willing to consider tenant improvements and may offer a reduced first month's rent. A first month's rent, last month's rent, and security deposit are required for move-in. This presents a reasonably priced opportunity for businesses seeking a well-maintained space in a high-traffic area. The building offers a shared entrance, but each suite maintains its own private access. This is an excellent opportunity for a business seeking a convenient and cost-effective location in a thriving commercial area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1980
    Construction WOOD
    Total area 8,774 SF
    Lot 0.91 ac (39,640 SF)
    APN 13-36-1-77-005-0-0000
    UPID US25-0229939
    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
    • Styles City Hair Studio Barber Shop
    • Cedar Rapids RC - BULLRING Auto Parts Store
    • ReAlive Metaphysical Metaphysical Supply Store Holistic Medicine Practitioner
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Cr Bldg LLC · 8 yrs held
    Cr Bldg LLC
    since 2018
    4 recorded transactions
    2018
    2017
    2017
    2013
    $360,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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