Financial
Distress signals
Property profile

5615 4th St SW Ct Cedar Rapids, IA 52404

OFF-MARKET
Commercial real estate
Property ID
US25-0669143
11,900 SF 1.14 ac lot Built 2011
Last sale Jan 2020 · $690,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Cedar Rapids, IA industrial property offers 11,900 square feet of versatile space, ideal for warehouse, distribution, flex, or manufacturing uses. The single-story building, constructed in 2011, features three separate suites, with one currently available at 3,000 square feet. The property sits on a 1.14-acre lot and boasts five drive-in overhead doors (14'x14'), providing convenient access for loading and unloading. One suite includes 1,167 square feet of office/showroom space and two

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value · 2023$681k
Assessed land$99k
Assessed improvement$582k
Effective rate3.09%

Value estimate

· Sep 2026
$490k
$441k – $539k
AI approach$455k
Sales comparison$551k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$23 – $63
Qualifying comparables3

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
Pharmacy10.4
Realty agency9.9
Law Firm9.3

Location

5615 4th St SW Ct Cedar Rapids, IA 52404-4800
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5715 Locust SW, Cedar Rapids, IA 52404-4300 $61,000 Oct 2025 12,000 SF
6205 Locust SW, Cedar Rapids, IA 52404-4737 $1,632,000 May 2024 5,820 SF
6515 4th SW, Cedar Rapids, IA 52404-4761 $670,000 Feb 2024 19,888 SF
750 60th SW, Cedar Rapids, IA 52404-7204 $215,000 Apr 2023 5,010 SF
1919 Edgewood SW, Cedar Rapids, IA 52404-2324 $1,330,000 Dec 2022 21,664 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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