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Financial
Distress signals
Property profile

5505 6th St Sw Trlr 20 Cedar Rapids, IA 52404

OFF-MARKET
Other warehouses
Property ID
US25-0442321
1,200 SF 4.92 ac lot Built 1960
Last sale Feb 2024 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a portfolio of three manufactured home communities in Iowa comprising 96 total lots distributed as 45 lots in Cedar Rapids, 33 lots in Albia, and 17 lots in Mt. Pleasant. The communities are served by city water and city sewer, and each park has on-site park management. The infrastructure is configured to support remote management. The properties have been subject to infrastructure upgrades, including water and sewer capital improvements, and the communities use a billing…

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 · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value · 2024$1.14M
Assessed land$836k
Assessed improvement$304k
Effective rate1.89%

Value estimate

· Oct 2026
$1.70M
$1.53M – $1.87M
AI approach$1.70M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$52/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$33 – $69

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
Pharmacy8.6
Smoke and Vape Shop8.5
Catering Service8.2

Location

5505 6th St Sw Trlr, Unit 20 Cedar Rapids, IA 52404-4845
County assessor Recorded deeds · 10 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1141 16th SW, Cedar Rapids, IA 52404-2650 $370,000 May 2025 5,090 SF
5750 16th SW, Cedar Rapids, IA 52404-2212 $909,439 Oct 2024 6,000 SF
6440 6th SW, Cedar Rapids, IA 52404-4733 $750,000 Sep 2024 6,380 SF
9400 Shepard SW, Cedar Rapids, IA 52404-8954 $1,035,000 Mar 2023 5,773 SF
4301 6th SW, Cedar Rapids, IA 52404-4443 $777,500 Dec 2022 5,800 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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