Realmo Analytics

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Property profile

600 3rd SW Ave Cedar Rapids, IA 52404

OFF-MARKET
Auto shops
Property ID
US25-0193921
1,746 SF 0.29 ac lot Built 1983
Last sale Sep 2011 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Built in 2012, this three-story, Class-A multi-tenant office building has a masonry and concrete exterior with a wood and steel structural framing system. Interior finishes include commercial carpet and painted sheetrock, with granite flooring in the lobby. The property is located in downtown Cedar Rapids at 600 3rd Avenue SE, with direct access to I-380 and proximity to the Medical District and nearby shopping, dining, and entertainment.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2023$146k
Assessed land$63k
Assessed improvement$83k
Effective rate2.50%

Value estimate

· Oct 2026
$210k
$189k – $231k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$107/SF
County average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$67 – $156

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.2
Bakery10.1
Auto Parts Store10.0

Location

600 3rd SW Ave Cedar Rapids, IA 52404-2014
County assessor Recorded deeds · 1 transfer 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
2200 16th SW, Cedar Rapids, IA 52404-1615 $400,000 Feb 2024 4,760 SF
2702 6th SW, Cedar Rapids, IA 52404-4002 $1,100,000 Mar 2022 1,107 SF
520 Tharp, Cedar Rapids, IA 52404-9039 $1,787,500 Dec 2020 9,256 SF
2160 Edgewood SW, Cedar Rapids, IA 52404-2314 $1,500,000 Dec 2020 6,360 SF
5042 4th SW, Cedar Rapids, IA 52404-4402 $350,000 May 2020 5,670 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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