Technical
Financial
Distress signals
Property profile

427 6th SE Ave Cedar Rapids, IA 52401

OFF-MARKET
Office buildings
Property ID
US25-0324989
31,649 SF 0.76 ac lot Built 1942
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1942
Total area 31,649 SF
Lot 0.76 ac (33,106 SF)
APN 14-28-1-07-001-0-0000
UPID US25-0324989

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

427 6th SE Ave Cedar Rapids, IA 52401
Cedar Rapids metro Census 2700 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.50M
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$570k

Owner & transaction history

since 2017
Last sale
$3.2M
3 recorded transactions
2017
$3.1M
2016
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $3.4M +36.6%
Medical building $3.2M +27.9%
Retail stores $2.6M +5.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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