Financial
Distress signals
Property profile

600 3Rd St SE 104 Cedar Rapids, IA 52403

FOR LEASE
Office buildings
Property ID
US25-0275708
16,800 SF 0.19 ac lot Built 1919
Last sale Jan 2026 · $1,937,500
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office building was constructed in 2012 and is designated with the Urban Fo zoning classification. The property is located on the corner of 3rd Avenue SE and 6th Street SE in the SE Quadrant of Cedar Rapids, Iowa, at 600 3rd Street SE (52401).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$27k
Tax billed · 2022
Assessed value · 2023$787k
Assessed land$67k
Assessed improvement$719k
Effective rate3.47%

Value estimate

· Sep 2026
$790k
$711k – $869k
Submarket $/SF estimate$1.08M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$52 – $99

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store16.7
HVAC Service10.8
Wholesale Shop9.8

Location

600 3Rd St SE 104 Cedar Rapids, IA 52403
County assessor Recorded deeds · 12 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
313 3rd SE, Cedar Rapids, IA 52401-1506 $128,000 May 2024 16,800 SF
427 6th SE, Cedar Rapids, IA 52401 $3,150,000 Mar 2024 31,649 SF
100 2nd SE, Cedar Rapids, IA 52401-1217 $815,000 Jul 2023 10,160 SF
200 5th SE, Cedar Rapids, IA 52401-1856 $3,650,000 Nov 2021 24,000 SF
213 4th SE, Cedar Rapids, IA 52401 $2,175,000 Nov 2021 25,110 SF
425 2nd St Se, Cedar Rapids, IA 52401-1888 $165,000 Feb 2019 13,720 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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