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Financial
Distress signals
Property profile

5350 SW Kirkwood Blvd Cedar Rapids, IA 52404

FOR LEASE
Strip malls
Property ID
US25-1117865
14,248 SF 1.79 ac lot Built 2012
Last sale Oct 2012 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 5350 Kirkwood Boulevard SW in Cedar Rapids is a retail center located directly across from Kirkwood Community College at a signalized intersection south of the Hwy 30 exit, and it includes multiple established co-tenants such as Panchero’s Mexican Grill, Parks & Schmit Orthodontics, Corridor Family Eyecare, Iowa Pediatric Dental Center, and New Day Nutrition. The space identified as Suite 3 (Kirkwood Landing) is a former restaurant retail suite configured with one restroom and a…

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?
$69k
Tax billed · 2022
Assessed value · 2023$2.19M
Assessed land$448k
Assessed improvement$1.74M
Effective rate3.16%

Value estimate

· Oct 2026
$1.17M
$1.05M – $1.28M
Submarket $/SF estimate$1.39M
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 128,509.09% cap applied$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$51 – $128

Cap rate analysis

How does the asset earn?
128,509.09%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.2
Pharmacy9.9
Realty agency9.5

Location

5350 SW Kirkwood Blvd Cedar Rapids, IA 52404
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3225 Williams SW, Cedar Rapids, IA 52404-1476 $1,787,500 Nov 2022 15,583 SF
3245 Williams SW, Cedar Rapids, IA 52404-1446 $1,692,000 Apr 2022 15,282 SF
2380 Edgewood SW, Cedar Rapids, IA 52404-3250 $975,000 Dec 2021 11,683 SF
2210 Edgewood SW, Cedar Rapids, IA 52404-2481 $750,000 Jun 2021 12,977 SF
2000 Wiley SW, Cedar Rapids, IA 52404-6814 $1,400,000 Dec 2020 18,741 SF
820 6th SW, Cedar Rapids, IA 52404-5829 $1,125,000 Oct 2019 10,615 SF
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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