Your AI Navigator in Commercial Real Estate
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
    Back to Search
    Property profile & analytics

    5512 Blairs Frst NE Way Cedar Rapids, IA 52402-8804

    • Strip malls
    • 1,359 SF
    OFF-MARKET
    Value Estimation
    $245,000
    Last Sale
    Oct 23, 2020
    Location Intelligence
    Property ID
    US25-0279000
    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

    • Subway / Sandwich Shop / Fast Food Restaurant

    Property Details for 5512 Blairs Frst NE Way

    Year built
    1990
    Property size
    1,359 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    14-05-1-06-005-0-1024
    APU
    140510600501024

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6785
    Latitude
    42.0331
    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
    2022
    $3,098
    $36,100
    $96,300
    $132,400
    -
    $36,100
    $96,300
    $132,400

    Comparable in this City

    • Value Estimation by Request
      16,200 SF

      568 Boyson Rd Nec

      SHOPPING CENTER, STRIP CENTER • 16,200 SF
      568 Boyson Rd Nec, Cedar Rapids, IA 52402-7368
      View Details
    • Value Estimation by Request
      8,979 SF

      151 Collins NE Rd

      SHOPPING CENTER, STRIP CENTER • 8,979 SF
      151 Collins NE Rd, Cedar Rapids, IA 52402-3265
      View Details
    • Value Estimation
      $180,000
      1,200 SF

      5428 Blairs Frst NE Way

      SHOPPING CENTER, STRIP CENTER • 1,200 SF
      5428 Blairs Frst NE Way, Cedar Rapids, IA 52402-8802
      View Details
    • Value Estimation by Request
      6,000 SF

      560 Boyson Rd Ne Ste D

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      560 Boyson Rd Ne Ste D, Cedar Rapids, IA 52402-7359
      View Details
    • Value Estimation by Request
      52,042 SF

      3657 1st SE Ave

      SHOPPING CENTER, STRIP CENTER • 52,042 SF
      3657 1st SE Ave, Cedar Rapids, IA 52402-6153
      View Details
    • Value Estimation
      $1,160,000
      7,782 SF

      1140 Blairs Fry NE Rd

      SHOPPING CENTER, STRIP CENTER • 7,782 SF
      1140 Blairs Fry NE Rd, Cedar Rapids, IA 52402-1295
      View Details

    Similar Nearby for Sale

    • $2,362,335
      7,801 SF

      Fully Leased Retail Investment Opportunity

      Multi-tenant retail property near Target with high traffic.
      1140 Blairs Ferry Rd NE, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      14,861 SF

      Retail Space in Cedar Rapids

      Retail space available in a growing Cedar Rapids location.
      576 Boyson Rd NE, Cedar Rapids, IA 52402
      View Details
    • $2,362,335
      7,801 SF

      Cedar Rapids Retail Investment

      7.25% Cap Rate, Multi-Tenant Retail
      1140 Blairs Ferry Rd, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      33,492 SF

      Prime Retail/Office Space Available

      Retail/office space in high-traffic location near Super Target.
      1100 Blairs Ferry Rd NE, Cedar Rapids, IA 52402
      View Details
    • $4,085,000
      6,874 SF

      Cedar Rapids Retail Investment

      High-yield NNN retail investment. Strong national tenants.
      4545 1St Ave, Cedar Rapids, IA 52402
      View Details
    • Contact for pricing
      1.66 Acres

      Cedar Rapids Commercial Land

      1.66 Acres, High-Visibility Site
      3210 Center Point Rd, Cedar Rapids, IA 52402
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      43,544 SF

      Lindale Crossing Retail Space

      Cedar Rapids, IA: 9,000 SF Available
      4840 1St Ave, Cedar Rapids, IA 52402
      View Details
    • $21 SF/Yr
      43,581 SF

      Lindale Crossing Retail Space

      Cedar Rapids prime retail location, high traffic.
      4840 1St Ave, Cedar Rapids, IA 52402
      View Details
    • $18 SF/Yr
      11,808 SF

      Boyson Road NE Retail Space

      Modern Office Suites, Prime Location
      725 Boyson Rd, Cedar Rapids, IA 52402
      View Details
    • $10 SF/Yr
      3,000 SF

      Visible Showroom/Office/Warehouse Space

      Showroom/office/warehouse space for lease with I-380 visibility.
      2345 Blairs Ferry Rd NE, Cedar Rapids, IA 52402
      View Details
    • $22 SF/Yr
      1,223 SF

      Retail Space Near Super Target

      Prime retail space in high-traffic Cedar Rapids location.
      1115 Blairs Ferry Rd NE, Cedar Rapids, IA 52402
      View Details
    • $9 SF/Yr
      28,008 SF

      Cedar Rapids Executive Office Space

      Prime retail/office suites available
      4110 Center Point Rd, Cedar Rapids, IA 52402
      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.
    5512 Blairs Frst NE Way
    Cedar Rapids, IA 52402-8804
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    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.