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Property profile

4601 1st SE Ave Cedar Rapids, IA 52402

OFF-MARKET
Other sports & entertainment properties
Property ID
US25-0405673
55,440 SF 6.63 ac lot Built 2005
Last sale Sep 2023 · $6,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

MarketPlace on 1st is a retail shopping center consisting of three buildings totaling approximately 183,360 square feet. The property was constructed in 2006 and is configured to accommodate retail, restaurant, and service uses. Located at the southeast corner of 1st Avenue and Collins Road in Cedar Rapids, Iowa (4601 1st Avenue SE), the tenant mix has included branded retailers and related service concepts such as Dick’s Sporting Goods, ULTA Beauty, Guitar Center, La-Z-Boy, Red Robin, Jimmy John’s, and AT&T.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$231k
Tax billed · 2022
Assessed value · 2023$6.20M
Assessed land$977k
Assessed improvement$5.22M
Effective rate3.73%

Value estimate

· Oct 2026
$1.22M
$1.09M – $1.34M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy13.5
Electrical Service12.4
Convenience Store11.4

Location

4601 1st SE Ave Cedar Rapids, IA 52402-3202
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 12 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4444 1st NE Ave, Cedar Rapids, IA 52402-3215 $1,032,258 Jul 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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