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Property profile & analytics

4515 Riv NE Blvd Cedar Rapids, IA 52411

  • Office buildings
  • 90,954 SF
  • 16.09 lot acres
OFF-MARKET
Value Estimation
$5,835,000
Last Sale
Jul 22, 2022
$7,020,000
Location Intelligence
Property ID
US25-0363320
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

  • 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

by Realmo proprietary methodology Last update: July 3, 2025
  • 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

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
$171,724
$746,900
$3,629,100
$4,376,000
-
$746,900
$3,629,100
$4,376,000
More about this property
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