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Property profile & analytics

4444 1st NE Ave Cedar Rapids, IA 52402-3215

This is a 2,759 square foot commercial space located in Cedar Rapids, Iowa, situated on a 45302 acre lot. The location benefits from high traffic volume, with over 19,000 vehicles passing daily, and is positioned near Lindale Mall. The property is zoned for commercial use and was previously configured as an escape room business, featuring three operating escape rooms with the potential for additional rooms. The configuration is suitable for entertainment or similar commercial ventures.
  • Amusement parks
  • 6,600 SF
  • 0.71 lot acres
OFF-MARKET
Last Sale
Jul 01, 2024
$1,032,258
Value Estimations
$990,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-1000092
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

  • Express Factory Outlet - Closing soon! / Clothing Store / Jeans Shop
  • PAPA MDI FAMILY LLC / Cell Phone Accessory Store
  • Men's Wearhouse / Men'S Clothing Store / Clothing Store
  • Torrid / Clothing Store / Jeans Shop
  • The 5th Realm / Haunted House

Property Details for 4444 1st NE Ave

Year built
1989
Lot size
0.71 lot acres
Property size
6,600 SF
Property type
Amusement parks
APN
14-02-4-52-005-0-0000
APU
140245200500000

Property Overview

This is a 2,759 square foot commercial space located in Cedar Rapids, Iowa, situated on a 45302 acre lot. The location benefits from high traffic volume, with over 19,000 vehicles passing daily, and is positioned near Lindale Mall. The property is zoned for commercial use and was previously configured as an escape room business, featuring three operating escape rooms with the potential for additional rooms. The configuration is suitable for entertainment or similar commercial ventures.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,030,000
    ML approach
    $1,030,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $872,000
    Market price range: $443k - $1.03M
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $705,000
    Current use
    RESTAURANT
    $1,045,000
    Change: +48% Conversion: Difficult
    MEDICAL BUILDING
    $660,000
    Change: -6% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Cedar Rapids
County
Linn
State
Iowa
Longitude
-91.6282
Latitude
42.024
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
$32,146
$355,000
$540,500
$895,500
-
$355,000
$540,500
$895,500
More about this property
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