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    Property profile & analytics

    700 Frd Ln Center Point, IA 52213-7402

    • Office Properties & Spaces
    • 9,600 SF
    • 1.54 lot acres
    OFF-MARKET
    Value Estimation
    $1,235,000
    Last Sale
    Oct 01, 2024
    $1,250,000
    Location Intelligence
    Property ID
    US25-1125366
    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

    • Farm Bureau Financial Services: Larry Breyer / Insurance Broker / Life Insurance Agency
    • Graham Animal Hospital / Veterinarian
    • Farm Bureau Financial Services / Insurance Agency / Auto Insurance Agency
    • Shear Meadows Hair Studio / Hair Salon

    Property Details for 700 Frd Ln

    Year built
    2015
    Lot size
    1.54 lot acres
    Property size
    9,600 SF
    Property type
    Office Properties & Spaces
    APN
    05-16-1-77-002-0-0000
    APU
    51617700200000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,235,000
      6.5%
      $1,130,000
      7%
      $1,155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,275,000
      Geo Method
      $1,130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,125,000
      Retail
      $1,360,000
      Mixed-Use
      $1,285,000
      Hospitality
      $1,070,000
      Educational
      $1,115,000
      Residential Income
      $1,040,000
      Energy
      $1,370,000
      Income-Based Land
      $1,190,000
      Food Service
      $1,120,000

    Location Insight

    • Map
    • Local Demand
    City
    Center Point
    County
    Linn
    State
    Iowa
    Longitude
    -91.7769
    Latitude
    42.1773
    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
    $27,160
    $82,600
    $658,600
    $741,200
    -
    $82,600
    $658,600
    $741,200

    Comparable in this City

    • Value Estimation
      $255,000
      1,400 SF

      826 Smt St

      OFFICE (GENERAL) • 1,400 SF
      826 Smt St, Center Point, IA 52213-9224
      View Details
    • Value Estimation
      $390,000
      4,620 SF

      4299 Lewis Access Rd

      OFFICE (GENERAL) • 4,620 SF
      4299 Lewis Access Rd, Center Point, IA 52213-9502
      View Details
    • Value Estimation by Request
      6,600 SF

      807 Mustang Ln

      Office space • 6,600 SF
      807 Mustang Ln, Center Point, IA 52213
      View Details
    • Value Estimation
      $205,000
      4,264 SF

      521 Franklin St

      OFFICE (GENERAL) • 4,264 SF
      521 Franklin St, Center Point, IA 52213-9345
      View Details
    • Value Estimation by Request
      3,600 SF

      907 Bank Ct

      MEDICAL BUILDING • 3,600 SF
      907 Bank Ct, Center Point, IA 52213-9337
      View Details
    • Value Estimation by Request
      2,746 SF

      5012 31st Ave

      OFFICE BUILDING • 2,746 SF
      5012 31st Ave, Center Point, IA 52213
      View Details

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      Turnkey Restaurant & Commercial Property

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      Center Point Industrial Property For Sale

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    700 Frd Ln
    Center Point, IA 52213-7402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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