Financial
Distress signals
Property profile

3851 Riv Rdg NE Dr Cedar Rapids, IA 52402

OFF-MARKET
Commercial real estate
Property ID
US25-0303846
19,871 SF 4.34 ac lot Built 1986
Last sale Jan 2025 · $1,125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 32,400-square-foot office building, constructed in 2023, presents a prime leasing opportunity in Cedar Rapids, Iowa. Located at 3851 River Ridge Dr NE, #A, 52402, this multi-tenant property offers flexible spaces ranging from a minimum of 15,000 square feet to a maximum contiguous space of 32,400 square feet. The building is zoned SMUCC and sits on a generous 4.34-acre lot in Linn County, providing ample space and parking. With 125 on-site parking spaces, convenient access

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$22k
Tax billed · 2022
Assessed value · 2023$697k
Assessed land$648k
Assessed improvement$50k
Effective rate3.12%

Value estimate

· Sep 2026
$385k
$347k – $424k
Submarket $/SF estimate$1.24M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$23 – $63

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.9
Wholesale Shop19.2
Restaurant18.3

Location

3851 Riv Rdg NE Dr Cedar Rapids, IA 52402-7531
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Cedar Rapids, IA 52402 $5,128,859 Jun 2025 No data
1120 I NE, Cedar Rapids, IA 52402-3825 $315,000 Feb 2025 3,312 SF
2109 Towne NE, Cedar Rapids, IA 52402-1913 $570,000 Jan 2025 8,676 SF
706 J NE, Cedar Rapids, IA 52402-4501 $95,000 Feb 2021 11,834 SF
1404 Ee NE, Cedar Rapids, IA 52402 $150,000 Aug 2019 3,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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