4050 River Center Ct NE Cedar Rapids, IA 52402
- Office buildings
- 21,036 SF
- 4.19 lot acres
Current Use by Public Records
- Anderson Bogert Engineers & Surveyors / Engineer / Land Surveying Office
Property Details for 4050 River Center Ct NE
- Year built
- 1988
- Lot size
- 4.19 lot acres
- Property size
- 21,036 SF
- Property type
- Office buildings
- APN
- 14-07-1-01-005-0-0000
- APU
- 140710100500000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,895,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,610,000
- 6.5%
- $2,745,000
- 7%
- $2,750,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,925,000
- Geo Method
- $2,775,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,305,000
- Retail
- $2,845,000
- Mixed-Use
- $2,300,000
- Hospitality
- $2,475,000
- Educational
- $2,875,000
- Residential Income
- $2,500,000
- Energy
- $2,590,000
- Income-Based Land
- $2,355,000
- Food Service
- $2,815,000
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6981
- Latitude
- 42.0202
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
