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Property profile & analytics
OFF-MARKET
Office buildings

4050 Riv Ctr NE Ct Cedar Rapids, IA 52402-7566

21,036 SF 4.19 ac lot Built 1988
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US25-0310832
Property summary
AI-generated overview

This exceptional Class A office building, located at 4050 River Center Ct NE in Cedar Rapids, Iowa, offers a unique opportunity for businesses seeking flexible and high-quality workspace. The single-story, 21,036 square foot building, constructed in 1988, sits on a spacious 182,516 square foot lot and boasts a tranquil backyard setting with a private pond and ample wildlife viewing. Currently, 9,850 square feet of office space is available, adaptable to various needs, ranging from 5,000 to 9,850 square feet. The property features a secure, private entrance, high-speed fiber optic internet, two large conference rooms, three spacious private offices, and a sizable open area ideal for cubicles. Existing cubicle and office furniture is available for tenant use. Amenities include ADA-compliant restrooms and a large parking lot. The building's convenient location provides easy access to Highway 100, I-380, and Edgewood Road. A tenant improvement package is available, contingent upon lease terms. Floor plans are available upon request. The property is zoned Trad MU and its Linn County APN is 140710100500000. This versatile space is suitable for traditional office, executive office, coworking, medical office, or creative office uses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 21,036 SF
Lot 4.19 ac (182,516 SF)
APN 14-07-1-01-005-0-0000
UPID US25-0310832
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
  • Anderson Bogert Engineers & Surveyors Land Surveying Office Land Surveyor
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
COBBAN HERVEY LLC, · 4 yrs held
COBBAN HERVEY LLC,
since 2022
Last sale
$2.6M
1 recorded transaction
2022
$2.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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