588 Boyson Rd Nea Cedar Rapids, IA 52402-7350
Property Lookup
Property profile & analytics
588 Boyson Rd Nea Cedar Rapids, IA 52402-7350
- Strip malls
- 14,964 SF
Property ID
US25-0449567
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.
Location Intelligence
Current Use by Public Records
- Casey's / Take-out & Catering
- ATM / Atm
- Indulge Sun Beauty Supply / (Bike/Boat/Book/etc) Store / Cosmetic Store
- Más Margaritas / Restaurant
- Casey's Car Wash / Car Wash
Property Details for 588 Boyson Rd Nea
- Year built
- 2002
- Property size
- 14,964 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 11-34-1-04-011-0-1000
- APU
- 113410401101000
Description
This exceptional 1,330 square foot commercial space is located at 588 Boyson Road NE in Cedar Rapids, Iowa, within a vibrant and growing neighborhood. The property, built in 2002, is part of a larger building totaling 14,964 square feet and features a single story design. The space is zoned T-MC and boasts a convenient layout previously occupied by a gourmet gift shop. The existing configuration includes a customer counter at the front and dedicated employee/workspace in the rear, offering flexibility for various business needs. Ample parking is available, enhanced by a separate employee entrance at the rear of the building. This prime location benefits from strong neighboring businesses, including Casey's, Indulge, Edward Jones, and Mas Margaritas, ensuring high visibility and foot traffic. The property's Linn County location (APN: 113410401101000) offers easy access to major transportation routes and amenities. The space is ideal for a variety of uses, including traditional office, creative office, or even co-working arrangements, making it a versatile option for entrepreneurs and established businesses alike. The property is currently available for lease as a single unit within a multi-tenant building. This presents a unique opportunity to establish a presence in a thriving Cedar Rapids commercial district. The property type is listed as Retail and Office.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,525,000
- 6.5%
- $2,330,000
- 7%
- $2,165,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,444,000
- AI Estimate
- $1,916,000
Market price range: $765k - $1.91MMarket price range: $404k - $2.54M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,225,000 Current use
- RESTAURANT
- $2,365,000 Change: +93% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,595,000 Change: +30% Conversion: Difficult
- MEDICAL BUILDING
- $1,495,000 Change: +22% Conversion: Difficult
- OFFICE BUILDING
- $1,370,000 Change: +12% Conversion: Moderate
- RETAIL STORES
- $1,230,000 Change: +0% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6412
- Latitude
- 42.0477
- 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
$70,950
$557,000
$1,440,600
$1,997,600
-
$557,000
$1,440,600
$1,997,600
