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Property profile & analytics
OFF-MARKET
Office buildings

4001 Riv Rdg NE Dr Cedar Rapids, IA 52402-7544

6,040 SF 0.72 ac lot Built 1988
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US25-0204441
Property summary
AI-generated overview

This single-story, 6,040-square-foot office building in Cedar Rapids, Iowa, is situated on a 31,494-square-foot lot and offers a unique opportunity for ownership or lease. Built in 1988, the property features seven private offices, a large break room, and ample parking with 12 spaces, plus a distinctive drive-through garage/storage area. The building boasts a new roof (2021) and is conveniently located in Northeast Cedar Rapids, just off Edgewood Road, providing easy access to Highway 100 and I-380. The property is currently vacant and available for immediate occupancy. Zoned Sub MU, this standalone building is ideal for a single tenant seeking a professional and well-maintained workspace. The asking price is $755,000, and the property is offered as a net lease. The Linn County Assessor's Parcel Number (APN) is 14710200300000. This exceptional property presents a rare opportunity to acquire a well-located, functional office building in a thriving area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 6,040 SF
Lot 0.72 ac (31,363 SF)
APN 14-07-1-02-003-0-0000
UPID US25-0204441
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
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
Protecht Properties LLC · 3 yrs held
Protecht Properties LLC
since 2023
Last sale
$650,000
7 recorded transactions
2023
$650,000
2019
Price N/A
2018
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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