600 3rd SE Ave Cedar Rapids, IA 52401-1600
Property profile & analytics
600 3rd SE Ave Cedar Rapids, IA 52401-1600
- Office buildings
- 42,837 SF
- 0.96 lot acres
Property ID
US25-1248363
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
- Julie K Vogt - Morgan Stanley / Financial Advisor
- Corridor Motors - Cedar Rapids / Car Dealership
- Lisa Tesar - Morgan Stanley / Financial Advisor
- Wellmark Inc / Corporate Office / Coworking & Hybrid Office
- The Corridor Wealth Management Group - Morgan Stanley / Financial Advisor
Property Details for 600 3rd SE Ave
- Year built
- 2012
- Lot size
- 0.96 lot acres
- Property size
- 42,837 SF
- Property type
- Office buildings
- APN
- 14-21-4-81-007-0-0000
- APU
- 142148100700000
Description
The Luxe on 3rd offers 42,837 square feet of prime Class A office space in a desirable downtown location. This three-story building, constructed in 2012, features a single elevator and two stairwells, providing convenient access to multiple suites. The property boasts a total of 57 parking spaces and sits on a 0.96-acre lot. Currently, 25,699 square feet of space is available, with suites ranging from a minimum of 1,628 square feet to a maximum contiguous space of 13,610 square feet. The building is zoned U - DG and its convenient location is adjacent to the Medical District, offering easy access to dining, entertainment, and Interstate 380. The property's tax cost per square foot is $5.36. Flexible lease terms are available, with build-to-suit options to accommodate specific business needs. This exceptional building provides excellent visibility and is an ideal location for a variety of businesses, including traditional office, executive office, coworking, medical office, and creative office uses. The property's address is conveniently located near the intersection of 6th and 7th Streets and 3rd Avenue, with the Assessor's Parcel Number (APN) being 14214-81007-00000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,265,000
- ML approach
- $2,265,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,020,000
Market price range: $622k - $2.02M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,345,000 Current use
- RETAIL STORES
- $3,525,000 Change: +5% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $3,510,000 Change: +5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6622
- Latitude
- 41.9801
- 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
$143,194
$504,000
$5,733,900
$6,237,900
-
$504,000
$5,733,900
$6,237,900
