Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4715 Algonquin Dr Cedar Falls, IA 50613-1216

    • Assisted living facilities
    • 123,653 SF
    • 8.66 lot acres
    OFF-MARKET
    Last Sale
    Sep 23, 2020
    $1,900,000
    Value Estimations
    $1,710,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-1281946
    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

    • CedarStone Senior Living / Assisted Living Facility

    Property Details for 4715 Algonquin Dr

    Year built
    2020
    Construction
    FRAME
    Lot size
    8.66 lot acres
    Property size
    123,653 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    8914-26-202-020
    APU
    891426202020

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,710,000
      ML approach
      $1,585,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.4616
    Latitude
    42.4951
    CBSA code
    47940
    CBSA name
    WATERLOO-CEDAR FALLS, 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
    2023
    $250,150
    $1,107,750
    $14,892,250
    $16,000,000
    -
    $1,107,750
    $14,892,250
    $16,000,000

    Comparable in this City

    • Value Estimation by Request
      105,224 SF

      420 10th St

      HOMES (RETIRED, NURSING) • 105,224 SF
      420 10th St, Cedar Falls, IA 50613
      View Details
    • Value Estimation
      $765,000
      124,305 SF

      4900 Pr Pkwy

      HOMES (RETIRED, NURSING) • 124,305 SF
      4900 Pr Pkwy, Cedar Falls, IA 50613-8348
      View Details
    • Value Estimation
      $490,000
      73,386 SF

      914 Bluegrass Cir

      HOMES (RETIRED, NURSING) • 73,386 SF
      914 Bluegrass Cir, Cedar Falls, IA 50613-8049
      View Details
    • Value Estimation
      $450,000
      22,651 SF

      5101 University Ave

      HOMES (RETIRED, NURSING) • 22,651 SF
      5101 University Ave, Cedar Falls, IA 50613-6246
      View Details
    • Value Estimation
      $305,000
      9,753 SF

      3212 Greenhill Cir

      HOMES (RETIRED, NURSING) • 9,753 SF
      3212 Greenhill Cir, Cedar Falls, IA 50613-1068
      View Details
    • Value Estimation by Request
      50,277 SF

      5301 Caraway Ln

      HOMES (RETIRED, NURSING) • 50,277 SF
      5301 Caraway Ln, Cedar Falls, IA 50613-8172
      View Details

    Similar Nearby for Sale

    • $588,060
      1.50 Acres

      Cedar Falls Commercial Land Opportunity

      1.5-Acre Lot, High Visibility, $9/SF
      1 Prairie Pkwy, Cedar Falls, IA 50613
      View Details
    • $588,060
      1.50 Acres

      Prairie Parkway Commercial Lot

      1.5-Acre Commercial Land, High Visibility
      6 Prairie Pkwy, Cedar Falls, IA 50613
      View Details
    • Contact for pricing
      2.68 Acres

      Prime Cedar Falls Commercial Land

      2.68 Acres, High Visibility, Hwy Access
      11 Gtwy Business Park, Cedar Falls, IA 50613
      View Details
    • Contact for pricing
      2.30 Acres

      Cedar Falls Commercial Land Opportunity

      Prime 2.3-acre lot, Hwy access.
      10 Gtwy Business Park, Cedar Falls, IA 50613
      View Details
    • Contact for pricing
      1.97 Acres

      Gateway Business Park Lot 3

      Prime Cedar Falls Commercial Land
      3 Gtwy Business Park, Cedar Falls, IA 50613
      View Details
    • $995,000
      1.14 Acres

      Sudbury Warehouse Space Available

      Contractor Storage: 1300 SF, 2-Acre Lot
      0 Brandilynn Blvd, Cedar Falls, IA 50613
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      1,588 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 1,588 square feet.
      4505 Algonquin Dr, Cedar Falls, IA 50613
      View Details
    • $1,500 /Mo
      321,037 SF

      Versatile Cedar Falls Commercial Office

      Multi-tenant office building in Cedar Falls Industrial Park for lease.
      7009 Nordic Dr Unit, Cedar Falls, IA 50613
      View Details
    • Contact for pricing
      552,884 SF

      College Square Mall: Cedar Falls

      High-traffic retail space available.
      6301 University Ave, Cedar Falls, IA 50613
      View Details
    • $850 /Mo
      348,480 SF

      Cedar Falls Light Industrial Condo

      Light industrial storage condo in Cedar Falls Industrial Park.
      3015 Capital Way, Cedar Falls, IA 50613
      View Details
    • $550 /Mo
      321,037 SF

      Versatile Commercial Office Building

      Multi-tenant commercial office building in Cedar Falls Industrial Park.
      7009 Nordic Dr Unit, Cedar Falls, IA 50613
      View Details
    • $4,600 /Mo
      74,052 SF

      Cedar Falls Office/Storage Space

      4906 sq ft office or storage/warehouse space for rent.
      4807 University Ave, Cedar Falls, IA 50613
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4715 Algonquin Dr
    Cedar Falls, IA 50613-1216
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.