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Property profile & analytics

600 Blairs Ferry Rd NE Cedar Rapids, IA 52402

  • Strip malls
  • 8,580 SF
  • 0.88 lot acres
Value Estimation
Last Sale
Jan 24, 2023
$3,550,000
Location Intelligence
Property ID
US25-0318421
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.

Current Use by Public Records

  • Chec King Payday Advance / Loan Agency
  • Greenleaf Tobacco & Vape / Tobacco Shop / Cigar Shop
  • Quiznos / Sandwich Shop
  • Your Tanning Bar / Tanning Salon

Property Details for 600 Blairs Ferry Rd NE

Year built
2006
Lot size
0.88 lot acres
Property size
8,580 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
14-03-1-04-004-0-0000
APU
140310400400000

Description

This single-story, 1,598-square-foot office suite is part of an 8,580-square-foot building at 600 Blairs Ferry Rd NE in Cedar Rapids, Iowa. Built in 2006, the property features a traditional office layout with creative office adaptability, boasting 7-10 foot ceilings and 220-volt power. The suite is immediately available and represents a portion of a larger multi-tenant building. Located in a high-traffic area with over 30,000 vehicles passing daily, this space offers exceptional visibility, situated directly across from Collins Aerospace. The property is zoned Sub Mix and has a Linn County APN of 140310400400000. A negotiable tenant improvement allowance is available, and an introductory rate of $14 per square foot is offered for the first year of a three-year lease or the first two years of a five-year lease. The successful tenant mix in the building provides a strong and established business environment. This is an excellent opportunity for businesses seeking a prominent location in Cedar Rapids.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,675,000
  • CAP approach

    CAP return
    Estimation
    6%
    $3,510,000
    6.5%
    $3,305,000
    7%
    $3,990,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $4,055,000
    Geo Method
    $3,595,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $3,025,000
    Retail
    $3,725,000
    Mixed-Use
    $3,020,000
    Hospitality
    $3,405,000
    Educational
    $3,120,000
    Residential Income
    $4,055,000
    Energy
    $3,275,000
    Income-Based Land
    $2,975,000
    Food Service
    $3,970,000

Location Insight

  • Map
  • Local Demand
City
Cedar Rapids
County
Linn
State
Iowa
Longitude
-91.641
Latitude
42.0351
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
$46,880
$308,000
$1,020,900
$1,328,900
-
$308,000
$1,020,900
$1,328,900
More about this property
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