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Property profile

7009 Nordic Dr Cedar Falls, IA 50613

FOR SALE
Office buildings
Property ID
US25-0261940
32,233 SF 7.37 ac lot Built 2003
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a multi-tenant commercial office building featuring open-concept suites with large, adaptable interior spaces. It has restrooms on both floors and elevator access to support movement between levels, and an oversized on-site parking lot for tenant and visitor parking. The building is located in the Cedar Falls Industrial Park, just off Highway 58 in Cedar Falls, with access and frontage on/near the main thoroughfare. The suite layout is configured for a range of studio- and…

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 · 2023

What does the county charge?
$57k
Tax billed · 2023
Assessed value · 2024$2.23M
Assessed land$204k
Assessed improvement$2.02M
Effective rate2.54%

Value estimate

· Oct 2026
$1.08M
$968k – $1.18M
AI approach$785k
Submarket $/SF estimate$1.16M
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$18k
Operating expenses−$14k
NOI · 654.91% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$70/SF
County average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$36 – $100

Cap rate analysis

How does the asset earn?
654.91%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionBLACK HAWK

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Electrical Service9.1
Realty agency8.9

Location

7009 Nordic Dr Cedar Falls, IA 50613
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
604 Clay, Cedar Falls, IA 50613-2904 $2,000,000 Feb 2024 12,324 SF
1309 Technology, Cedar Falls, IA 50613-6976 $4,500,000 Sep 2023 51,888 SF
1100 Technology, Cedar Falls, IA 50613-6955 $1,000,000 Jan 2023 45,183 SF
3301 Cedar Hts, Cedar Falls, IA 50613-6041 $427,000 Aug 2022 3,217 SF
201 Washington, Cedar Falls, IA 50613-2729 $1,200,000 Nov 2021 11,484 SF
704 Enterprise, Cedar Falls, IA 50613-6907 $425,000 Feb 2020 12,096 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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