4515 Riv NE Blvd Cedar Rapids, IA 52411
- Office buildings
- 90,954 SF
- 16.09 lot acres
Current Use by Public Records
- Azzowak / Tax Preparation
- Stange Law Firm, PC / Divorce Lawyer
- Carelinks ABA / Applied Behavior Analysis Therapist
- Regus - Private Offices | Coworking | Meeting Rooms | Virtual Offices / Office Space Rental Agency
- Regus / Office Space Rental Agency / Business Center
Property Details for 4515 Riv NE Blvd
- Year built
- 1993
- Lot size
- 16.09 lot acres
- Property size
- 90,954 SF
- Property type
- Office buildings
- APN
- 14-06-4-27-001-0-0000
- APU
- 140642700100000
Description
This exceptional office property, located at 4515 N River Blvd NE in Cedar Rapids, Iowa, offers a diverse range of flexible spaces to suit various business needs. The property encompasses a substantial 172,674 square feet across two buildings, each five stories high, and is situated on a generous 5.87 acres of land. Built in 1993, the property features convenient amenities including elevators and abundant on-site parking. Units range from a minimum of 3,000 square feet up to the entire 172,674 square feet, allowing for significant scalability. Each floor is thoughtfully designed with perimeter private offices, dedicated conference rooms, and open work areas, catering to a variety of work styles. The property benefits from a highly desirable location within Edgewood Pointe, Cedar Rapids' newest mixed-use development, providing easy access to Edgewood Road and Highway 100, ensuring convenient access to all parts of the city. Nearby amenities further enhance the property's appeal. Currently, a Regus co-working space is among the tenants. The property is zoned for Suburban Mixed Use Regional Center use within Linn County, Iowa, and boasts a convenient 52411 zip code. This turnkey office space presents a compelling opportunity for businesses seeking a well-appointed and strategically located office environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,030,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,245,000
- 6.5%
- $7,510,000
- 7%
- $7,630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,755,000
- Geo Method
- $6,065,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,350,000
- Retail
- $7,795,000
- Mixed-Use
- $5,960,000
- Hospitality
- $6,240,000
- Educational
- $7,600,000
- Residential Income
- $7,790,000
- Energy
- $7,620,000
- Income-Based Land
- $6,525,000
- Food Service
- $5,740,000
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.7055
- Latitude
- 42.0264
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA