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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Office Spaces
5300 Otis SE Rd Cedar Rapids, IA 52403-7100
Entity Owned
Free & Clear
Property ID
US25-0814840
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2015
Total area
11,807 SF
Lot
28.76 ac (1,252,786 SF)
Zoning code
USR
APN
15-30-4-51-001-0-0000
UPID
US25-0814840
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Shell Recharge Charging Station Electric Vehicle Charging Station
-
Indian Creek Nature Center Resort
-
Restroom Public Bathroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$747k
Blend (final)
Blend
$1.04M
Owner & transaction history
INDIAN CREEK NATURE CENTER
INDIAN CREEK NATURE CENTER
Zoning & alternative use
USR · Cedar Rapids, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+144.4%
Medical building
$1.2M
+128.8%
Retail stores
$970,000
+88.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cedar Rapids submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Rapids submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,260,000
Change: +144% · Conversion: Difficult
MEDICAL BUILDING
$1,180,000
Change: +129% · Conversion: Easy
RETAIL STORES
$970,000
Change: +89% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$970,000
Change: +88% · Conversion: Difficult
OFFICE BUILDING
$920,000
Change: +79% · Conversion: Easy
WAREHOUSE, STORAGE
$625,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$88 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$2,380,500
Assessed 2023
Previous assessed
$1,810,900
+31.5% YoY
Assessed land
$302,700
Assessed improvement
$2,077,800
Land market value
$302,700
Improvement market value
$2,077,800
Total market value
$2,380,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2015
Heating
NONE
Buildings
4
Total area
11,807 SF
Lot
28.76 ac (1,252,786 SF)
Zoning code
USR
APN
15-30-4-51-001-0-0000
UPID
US25-0814840
Jurisdiction
LINN
Zoning & alternative use
USR · Cedar Rapids, IAZoning USR · permitted uses
USR · Cedar Rapids, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$970,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$970,000
OFFICE BUILDING
Est. value
$920,000
WAREHOUSE, STORAGE
Est. value
$625,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Buildings
4
Lot
28.76 ac
Current owner
From public records · entity-resolved
INDIAN CREEK NATURE CENTER
Individual
Free & Clear · 0 yrs held
Mailing address
5300 OTIS RD SE, CEDAR RAPIDS, IA 52403-7100
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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