Property summary
This exceptional 12,879-square-foot Class A executive office space, located at 460 12th Ave SE in Cedar Rapids, Iowa, presents a unique opportunity for businesses seeking a prestigious and functional workspace. Built in 2016, this single-tenant, first-floor commercial condo boasts ample parking. The interior layout is highly versatile, featuring 25 private offices, three larger open/cubicle areas ideal for collaborative work, and a comprehensive suite of meeting spaces. These include three smaller conference rooms and a substantial boardroom, ensuring accommodation for various meeting sizes and needs. Three restroom facilities are provided, one of which includes convenient shower amenities. The property is available for both sale and lease, with lease terms structured as a triple net (NNN) lease. A significant advantage for potential tenants is the owner's willingness to consider subdividing the space for qualified occupants and potentially providing existing office furniture. The property's APN is 14272-59007-01003. This turnkey solution offers immediate occupancy and a highly desirable location in Cedar Rapids, Iowa, zip code 52401. The property's size and amenities make it suitable for a variety of businesses seeking a modern and well-equipped office environment.
Property profile
VerifiedCap rate & NOI
Current use
-
Apartment Building
-
IT Consulting Firm Tech Support Center
-
(Bike/Boat/Book/etc) Store Corporate Office
-
(Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.