Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4217 1st SE Ave Cedar Rapids, IA 52402-3144

    • Office buildings
    • 2,384 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US25-0114642
    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.

    Current Use by Public Records

    • National Resilience Institute / Non-Profit Organization / Educational Institution
    • Worldmaker International / Non-Profit Organization
    • Securities America Inc / Financial Planner
    • Wealthstone Financial / Financial Planner
    • Mollie Marti / Psychologist

    Property Details for 4217 1st SE Ave

    Year built
    1950
    Lot size
    0.43 lot acres
    Property size
    2,384 SF
    Property type
    Office buildings
    APN
    14-02-3-77-005-0-0000
    APU
    140237700500000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $325,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $365,000
      Mixed-Use
      $310,000
      Hospitality
      $395,000
      Educational
      $290,000
      Residential Income
      $375,000
      Energy
      $320,000
      Income-Based Land
      $330,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6303
    Latitude
    42.021
    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
    $9,110
    $130,900
    $178,300
    $309,200
    -
    $130,900
    $178,300
    $309,200

    Comparable in this City

    • Value Estimation by Request
      800 SF

      516 College NE Dr

      OFFICE BUILDING • 800 SF
      516 College NE Dr, Cedar Rapids, IA 52402-5021
      View Details
    • Value Estimation by Request
      225 SF

      4347 1st SE Ave, Unit 125

      OFFICE BUILDING • 225 SF
      4347 1st SE Ave, Cedar Rapids, IA 52402-3173
      View Details
    • Value Estimation by Request
      435 SF

      4341 1st SE Ave, Unit 23

      OFFICE BUILDING • 435 SF
      4341 1st SE Ave, Cedar Rapids, IA 52402-3154
      View Details
    • Value Estimation by Request
      149,820 SF

      5450 C NE Ave, Unit 131

      OFFICE BUILDING • 149,820 SF
      5450 C NE Ave, Cedar Rapids, IA 52402
      View Details
    • Value Estimation by Request
      8,766 SF

      3600 1st NE Ave

      OFFICE BUILDING • 8,766 SF
      3600 1st NE Ave, Cedar Rapids, IA 52402-6103
      View Details
    • Value Estimation by Request
      25,729 SF

      600 Old Marion NE Rd

      OFFICE BUILDING • 25,729 SF
      600 Old Marion NE Rd, Cedar Rapids, IA 52402-2159
      View Details

    Similar Nearby for Sale

    • $2,250,000
      28,472 SF

      Cedar Rapids Office Investment Opportunity

      Office building in a serene, wooded setting near major routes.
      4211 Glass Rd NE, Cedar Rapids, IA 52402
      View Details
    • $825,000
      7,360 SF

      Multi-Tenant Office Building For Sale

      7,360 SF multi-tenant office building with highway access.
      4201 Glass Rd NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      21,036 SF

      Premier Cedar Rapids Office Building

      Modern office space with stunning views and convenient location.
      4050 River Center Ct NE, Cedar Rapids, IA 52402
      View Details
    • $1,575,000
      9,936 SF

      Fully Leased Office Investment Property

      High-quality office building in Cedar Rapids, Iowa, fully leased.
      3950 River Ridge Dr NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      28,472 SF

      Cedar Rapids Office For Sale

      Professional office building in a convenient Cedar Rapids location.
      4211 Glass Rd NE, Cedar Rapids, IA 52402
      View Details
    • $9,200,000
      70,326 SF

      Medical Plaza: Cedar Rapids, IA

      High-yield medical office investment. Strong tenant, long lease.
      5264 Council St, Cedar Rapids, IA 52402
      View Details

    Similar Nearby for Lease

    • $825,000
      3,415 SF

      Single-Tenant Office in Signal Ridge

      High-end office building in Cedar Rapids for lease or sale.
      4125 Glass Rd Ne, Cedar Rapids, IA 52402
      View Details
    • $8 SF/Yr
      20,000 SF

      Sierra Court Office Space

      Cedar Rapids Office Building - 6,000 SF Available
      1065 Sierra Ct, Cedar Rapids, IA 52402
      View Details
    • $8 SF/Yr
      100,000 SF

      Rockwell Drive Industrial Space

      Cedar Rapids warehouse/office space, 12,000-34,000 SF available.
      5255 Rockwell Dr, Cedar Rapids, IA 52402
      View Details
    • $8 SF/Yr
      27,096 SF

      Cedar Rapids Office Building

      Prime Office Suites Available, Cedar Rapids, IA
      6300 Rockwell Dr, Cedar Rapids, IA 52402
      View Details
    • $13 SF/Yr
      1,515 SF

      Office Space on 1st Avenue

      Convenient office space with ample parking and high visibility.
      4080 1St Ave NE, Cedar Rapids, IA 52402
      View Details
    • $8 SF/Yr
      4,786 SF

      Cedar Rapids Office Space for Lease

      Flexible Offices, Coworking & More
      4415 River Blvd, Cedar Rapids, IA 52402
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4217 1st SE Ave
    Cedar Rapids, IA 52402-3144
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.