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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    425 Colton Cir Cedar Rapids, IA 52402

    • Commercial real estate
    • 1.34 lot acres
    For Sale
    View listing
    $211,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0068071
    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

    • Commercial real estate

    Property Details for 425 Colton Cir

    Lot size
    1.34 lot acres
    Property type
    Commercial real estate
    APN
    11-34-1-04-010-0-0000
    APU
    113410401000000

    Description

    This exceptional 6,000 square foot retail property, located at 425 Colton Cir NE in Cedar Rapids, Iowa, presents a unique investment opportunity. Built in 2024, this Class B building sits on a 1.34-acre lot (APN: 113410401000000) and is zoned T-MU, offering flexibility for various uses. The single-story structure is currently available for multiple tenants, with spaces divisible down to 1,000 square feet, ideal for storefront businesses, fast-food restaurants, or banks. Its prime location at the corner of C Ave and Boyson Road in Linn County (zip code 52402) provides excellent visibility and accessibility. The property boasts convenient access from both C Ave and Boyson Road, making it highly attractive to potential tenants and customers. For qualified tenants, the owner is open to build-to-suit options, tailoring the space to specific business needs. This shovel-ready site presents a rare chance to establish a thriving business in a high-traffic area. The property's versatility and prime location make it an exceptional investment opportunity in a growing market. Contact us today to learn more about this remarkable retail space and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6398
    Latitude
    42.0478
    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
    $3,974
    $145,200
    $27,900
    $173,100
    -
    $145,200
    $27,900
    $173,100

    Comparable in this City

    • Value Estimation by Request
      1.08 Acres

      401 74Th St

      Land • 1.08 Acres
      401 74Th St, Cedar Rapids, IA 52402
      View Details
    • Value Estimation by Request
      26.80 Acres

      Cedar Rapids, IA 52402

      COMMERCIAL (GENERAL) • 26.80 Acres
      Cedar Rapids, IA 52402
      View Details
    • Value Estimation by Request
      0.02 Acres

      Rockwell NE Dr

      COMMERCIAL (GENERAL) • 0.02 Acres
      Rockwell NE Dr, Cedar Rapids, IA 52402
      View Details
    • Value Estimation by Request
      0.59 Acres

      Rockwell NE Dr

      COMMERCIAL (GENERAL) • 0.59 Acres
      Rockwell NE Dr, Cedar Rapids, IA 52402
      View Details
    • Value Estimation by Request
      0.01 Acres

      Council NE St

      COMMERCIAL (GENERAL) • 0.01 Acres
      Council NE St, Cedar Rapids, IA 52402
      View Details
    • Value Estimation by Request
      17.10 Acres

      4801 Golf NE St

      COMMERCIAL (GENERAL) • 17.10 Acres
      4801 Golf NE St, Cedar Rapids, IA 52402-5738
      View Details

    Similar Nearby for Sale

    • $399,000
      1.08 Acres

      Cedar Rapids Commercial Land - $399K

      1.08-acre commercial lot, prime location.
      401 74Th St, Cedar Rapids, IA 52402
      View Details
    • $745,000
      1.85 Acres

      Council Street Commercial Lot

      1.85-acre prime commercial lot, high visibility.
      5320 Council St, Cedar Rapids, IA 52402
      View Details
    • $211,000
      1.34 Acres

      Colton Circle Commercial Land

      1.34-acre commercial lot, ideal location.
      425 Colton Cir, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      0.17 Acres

      Cedar Rapids Commercial Land Parcel

      0.172-acre lot, prime commercial location
      1511 A Ave, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      1.66 Acres

      Cedar Rapids Commercial Land

      1.66 Acres, High-Visibility Site
      3210 Center Point Rd, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      0.24 Acres

      Cedar Rapids Commercial Land

      Prime .55 acre lot, ideal development
      1635 Center St, Cedar Rapids, IA 52402
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      28,008 SF

      Cedar Rapids Executive Office Space

      Prime retail/office suites available
      4110 Center Point Rd, Cedar Rapids, IA 52402
      View Details
    • $10 SF/Yr
      8,576 SF

      Cedar Rapids Medical Office Building

      8,576 SF Medical Office - For Sale/Lease
      2727 1St Ave, Cedar Rapids, IA 52402
      View Details
    • $23 SF/Yr
      43,544 SF

      Lindale Crossing Retail Space

      Cedar Rapids, IA: 9,000 SF Available
      4840 1St Ave, Cedar Rapids, IA 52402
      View Details
    • $16 SF/Yr
      11,906 SF

      Class A Office Sublease

      Furnished office space in Cedar Rapids' northeast business district.
      4201 42Nd St NE, Cedar Rapids, IA 52402
      View Details
    • $12 SF/Yr
      1,578 SF

      Office Space in Blairs Ferry

      1,578 SF office space available for lease.
      2333 Blairs Ferry Rd NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing

      Remodeled Office Suite for Rent

      Single office suite with reception area, utilities included, immediate occupancy.
      4403 1St Ave Se, 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.
    425 Colton Cir
    Cedar Rapids, IA 52402
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.