4201 Glass Rd NE Cedar Rapids, IA 52402
Property Lookup
Property profile & analytics
4201 Glass Rd NE Cedar Rapids, IA 52402
- Medical Office Space
- 7,360 SF
- 1.64 lot acres
Property ID
US25-0420350
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- LPI Loans / Loan Service
- Hammerberg Robert / Insurance Agency
- Brown Aaron / Insurance Agency
Property Details for 4201 Glass Rd NE
- Year built
- 1992
- Lot size
- 1.64 lot acres
- Property size
- 7,360 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 14-07-1-80-014-0-0000
- APU
- 140718001400000
Description
This exceptional 7,360-square-foot multi-tenant office building in Cedar Rapids, Iowa, is offered for sale at $825,000. The Class B property, built in 1992 and situated on a 1.64-acre lot, features two units currently at 100% occupancy with a mix of medical and traditional office tenants. The building boasts 44 parking spaces and is conveniently located near major transportation routes. Suite A has recently undergone improvements. One tenant, Cedar Rapids Pain Associates, occupies 4,106 square feet under a NNN lease at $11.75 per square foot, extending through January 31, 2025. The second tenant, LPI Loans, occupies 3,254 square feet. The property includes an outdoor patio area overlooking a wooded lot. The zoning is T-ML. This presents a strong investment opportunity for an owner-user or investor seeking a stable income stream. The property is a single-story building with a total of two units. The sale is a For Sale By Owner transaction.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6997
- Latitude
- 42.0161
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$24,984
$136,900
$677,700
$814,600
-
$136,900
$677,700
$814,600
