Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5315 J SW St Cedar Rapids, IA 52404-5102

    • Warehouses
    • 21,250 SF
    • 11.49 lot acres
    OFF-MARKET
    Value Estimations
    $1,540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0336354
    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

    • Penske Truck Rental / Car Rental Facility
    • Green Acres Storage / Storage Facility

    Property Details for 5315 J SW St

    Year built
    2004
    Lot size
    11.49 lot acres
    Property size
    21,250 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    19-09-4-27-001-0-0000
    APU
    190942700100000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,461,000
      Market price range: $708k - $1.46M
      AI Estimate
      $1,616,000
      Market price range: $348k - $1.62M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,095,000
      Current use
      AUTO REPAIR, GARAGE
      $2,265,000
      Change: +107% Conversion: Easy
      MEDICAL BUILDING
      $2,120,000
      Change: +94% Conversion: Difficult
      RETAIL STORES
      $1,750,000
      Change: +60% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,740,000
      Change: +59% Conversion: Moderate
      OFFICE BUILDING
      $1,660,000
      Change: +51% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,070,000
      Change: -2% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6645
    Latitude
    41.9256
    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
    2023
    $107,072
    $544,200
    $2,506,600
    $3,050,800
    -
    $544,200
    $2,506,600
    $3,050,800

    Comparable in this City

    • Value Estimation by Request
      5,600 SF

      1737 33rd SW Ave

      MINI-WAREHOUSE, STORAGE • 5,600 SF
      1737 33rd SW Ave, Cedar Rapids, IA 52404-6404
      View Details
    • Value Estimation by Request
      1,658 SF

      2451 Williams SW Blvd

      MINI-WAREHOUSE, STORAGE • 1,658 SF
      2451 Williams SW Blvd, Cedar Rapids, IA 52404-1546
      View Details
    • Value Estimation
      $770,000
      10,000 SF

      1550 16th SW Ave

      MINI-WAREHOUSE, STORAGE • 10,000 SF
      1550 16th SW Ave, Cedar Rapids, IA 52404-2540
      View Details
    • Value Estimation
      $1,030,000
      15,351 SF

      3350 Southgate SW Ct

      MINI-WAREHOUSE, STORAGE • 15,351 SF
      3350 Southgate SW Ct, Cedar Rapids, IA 52404-5413
      View Details
    • Value Estimation
      $605,000
      17,331 SF

      5300 J SW St

      MINI-WAREHOUSE, STORAGE • 17,331 SF
      5300 J SW St, Cedar Rapids, IA 52404-5103
      View Details
    • Value Estimation by Request
      8,400 SF

      2820 16th SW Ave

      MINI-WAREHOUSE, STORAGE • 8,400 SF
      2820 16th SW Ave, Cedar Rapids, IA 52404
      View Details

    Similar Nearby for Sale

    • $19,285,000
      203,840 SF

      Edgewood Logistics Park: Iowa

      Modern Distribution Center, Cedar Rapids
      3215 64Th Avenue Ct, Cedar Rapids, IA 52404
      View Details
    • $1,450,000
      22,520 SF

      Versatile Warehouse and Office Complex

      22,520 SF warehouse and office space in Cedar Rapids.
      34 43Rd Ave SW, Cedar Rapids, IA 52404
      View Details
    • $445,500
      7,764 SF

      Rockford Road Industrial Property

      Cedar Rapids warehouse, excellent location.
      931 Rockford Rd, Cedar Rapids, IA 52404
      View Details
    • Contact for pricing
      35,000 SF

      Premier Flex Suites in Cedar Rapids

      35,000 SF facility with customizable suites and highway access.
      10225 Earhart Ln SW, Cedar Rapids, IA 52404
      View Details
    • $795,950
      8,154 SF

      Cedar Rapids Warehouse - $795,950

      8,154 SF Warehouse, Vacant, Class A
      919 6Th St, Cedar Rapids, IA 52404
      View Details
    • $2,500,000
      24,766 SF

      Cedar Rapids Warehouse - $2.5M

      24,766 SF Industrial Building, 4.13 Acres
      941 66Th Ave, Cedar Rapids, IA 52404
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      78,000 SF

      New Construction Warehouse Space Available

      Well-located industrial building with flexible suite sizes available for lease.
      2835-3025 64Th Avenue Ct SW, Cedar Rapids, IA 52404
      View Details
    • Contact for pricing
      7,764 SF

      Versatile Warehouse and Shop Space

      Commercial property with warehouse, shop, and office space for lease.
      931 Rockford Rd Sw, Cedar Rapids, IA 52404
      View Details
    • Contact for pricing
      120,120 SF

      New Construction Warehouse/Flex Space

      New construction warehouse/flex building with I-380 frontage.
      8205 6Th St SW, Cedar Rapids, IA 52404
      View Details
    • Contact for pricing
      8,230 SF

      Freestanding Warehouse/Industrial Building For Rent

      Updated warehouse/industrial building with great highway access available for rent.
      930 27Th Ave SW, Cedar Rapids, IA 52404
      View Details
    • $5 SF/Yr
      100,496 SF

      Warehouse Space with Cooler

      Warehouse space with cooler and immediate interstate access available.
      413 Southgate Ct SW, Cedar Rapids, IA 52404
      View Details
    • Contact for pricing
      10,157 SF

      Cedar Rapids Office/Warehouse Space

      Class A office/warehouse near Kirkwood Community College.
      1025 Kirkwood Pkwy SW, Cedar Rapids, IA 52404
      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.
    5315 J SW St
    Cedar Rapids, IA 52404-5102
    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.
    Sign Up Successful!
    You now have access to more from Realmo!