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Financial
Distress signals
Property profile

4000 River Ridge Dr NE Cedar Rapids, IA 52402

FOR LEASE
Office buildings
Property ID
US25-0222584
14,537 SF 1.18 ac lot Built 1995
Last sale Jan 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 5,000 SF office suite is configured for professional or medical office use and includes four private offices, two conference rooms, and an open cubicle work area, along with a dedicated IT/server room, substantial storage, and a full break room that provides access to a shared outdoor patio. Common-area restrooms are located nearby, and the suite may include existing office furniture. The suite is located at 4000 River Ridge Dr NE #100 in Cedar Rapids and offers access to I-380, Collins…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$45k
Tax billed · 2022
Assessed value · 2023$1.24M
Assessed land$177k
Assessed improvement$1.06M
Effective rate3.64%

Value estimate

· Oct 2026
$1.07M
$959k – $1.17M
CAP approach$1.15M
Submarket $/SF estimate$1.22M
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$10k
Operating expenses−$8k
NOI · 200,100.00% cap applied$24k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$71 – $104

Cap rate analysis

How does the asset earn?
200,100.00%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Supply24.0
Restaurant23.0
Wholesale Shop22.3

Location

4000 River Ridge Dr NE Cedar Rapids, IA 52402
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4060 Glass NE, Cedar Rapids, IA 52402-2509 $2,300,000 Jul 2025 12,917 SF
4050 Riv Rdg NE, Cedar Rapids, IA 52402-7543 $1,862,500 Sep 2022 13,480 SF
4201 Riv Ctr NE, Cedar Rapids, IA 52402-7593 $1,710,000 May 2022 15,876 SF
5925 Dry Crk NE, Cedar Rapids, IA 52402-1257 $1,400,000 Nov 2021 9,833 SF
1351 60th NE, Cedar Rapids, IA 52402-1248 $973,500 Jan 2021 10,901 SF
3117 1st SE, Cedar Rapids, IA 52402-4403 $2,550,000 Dec 2020 22,780 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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