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Property profile & analytics
OFF-MARKET
Day care centers
430 16th SW Ave Cedar Rapids, IA 52404-5810
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US25-0427795
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1920
Total area
8,220 SF
Lot
2.08 ac (90,605 SF)
APN
14-33-2-31-002-0-0000
UPID
US25-0427795
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Little GEM Learning Center Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Succession Lc · 10 yrs held
Succession Lc
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cedar Rapids submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Rapids submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$12,094
Tax year 2022
Assessed value
$498,000
Assessed 2023
Previous assessed
$498,000
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$174,700
Assessed improvement
$323,300
Land market value
$174,700
Improvement market value
$323,300
Total market value
$498,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1920
Heating
NONE
Stories
2
Total area
8,220 SF
Lot
2.08 ac (90,605 SF)
APN
14-33-2-31-002-0-0000
UPID
US25-0427795
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
2
Lot
2.08 ac
Current owner
From public records · entity-resolved
Succession Lc
Individual
Mailing address
221 2ND AVE SE STE #400, CEDAR RAPIDS, IA 52401-1232
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2025
—
Succession Lc
—
Deed
related
$6,060,000 · Hills Bank & Trust Company
May 24, 2019
—
Succession Lc
—
Deed
related
$993,521 · Dupaco Cmnty Cu
Sep 19, 2016
—
Succession Lc
—
Deed
related
$1,008,000 · Central St Bk
Oct 5, 2015
$225,000
Succession Lc
Interstate Power & Light Co
Grant Deed
$29,988 · Ohnward Bk & Tr
—
—
Succession Lc
—
Deed Of Trust
related
$993,521 · Dupaco Cmnty Cu
—
—
Sle Investments Lc
—
Deed Of Trust
related
$191,000 · Ohnward Bk & Tr
—
—
Succession Lc
—
Deed Of Trust
related
$1,008,000 · Central St Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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