620 3Rd St Coggon, IA 52218
Property Lookup
Property profile & analytics
620 3Rd St Coggon, IA 52218
- Warehouses
- 12,000 SF
- 2.91 lot acres
Property ID
US25-1390385
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
- Central Iowa Fencing / General Contractor / Construction Company
Property Details for 620 3Rd St
- Year built
- 1992
- Construction
- STEEL FRAME
- Lot size
- 2.91 lot acres
- Property size
- 12,000 SF
- Property type
- Warehouses
- APN
- 02-10-3-01-006-0-0000
- APU
- 21030100600000
Description
This exceptional Coggon, IA commercial property presents a rare investment opportunity. The property encompasses a substantial 12,000 square foot warehouse, complemented by eight individual 10'x20' storage units, each featuring an 8' garage door and convenient access from 3rd Street South. Currently, five storage units generate monthly rental income, offering immediate cash flow and significant upside potential for increased rental rates. Recent improvements enhance the property's value and functionality. These include a complete overhaul of the electrical wiring and the installation of new shop lighting. A newly constructed 1,000 square foot office space boasts a modern mini-split HVAC system and is divided into two private offices and a storage area. Two new bathrooms have been added, facilitated by the installation of a new waterline. Exterior enhancements include attractive ornamental iron fencing and a secure chain-link yard enclosure. The metal roof, installed in 2022, carries a 15-year warranty. The warehouse itself is fully insulated and features a partition wall, allowing for flexible multi-tenant use. Two 12-foot overhead doors are located on both the north and south sides of the building. The property sits on a 2.91-acre lot, providing ample space for outdoor storage, parking expansion, or the construction of additional structures. The property is ready for immediate occupancy and offers significant income potential. This is a turnkey operation with strong existing income and significant room for growth.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Coggon
- County
- Linn
- State
- Iowa
- Longitude
- -91.5299
- Latitude
- 42.2729
- 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
2023
$5,082
$52,100
$186,700
$238,800
-
$52,100
$186,700
$238,800
