701 3rd SE Ave Cedar Rapids, IA 52401-1611
Property profile & analytics
701 3rd SE Ave Cedar Rapids, IA 52401-1611
- Retail space
- 1,384 SF
- 0.07 lot acres
Property ID
US25-0378116
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
- Factory Direct Mattress / Furniture & Home Goods
Property Details for 701 3rd SE Ave
- Year built
- 1923
- Lot size
- 0.07 lot acres
- Property size
- 1,384 SF
- Property type
- Retail space
- APN
- 14-21-4-80-012-0-0000
- APU
- 142148001200000
Description
This 9,800 square foot, single-story building at 701-713 3rd Ave SE in Cedar Rapids, IA (52401), offers flexible office space in a prime downtown location. Completely renovated in 2023, the property boasts updated plumbing, electrical, windows, and doors. Six suites are available, each offering approximately 1,400 square feet with a private restroom and storage room. The landlord is willing to combine adjacent suites to create larger spaces up to 2,800 contiguous square feet. One unit is move-in ready, while others allow new tenants to customize flooring and paint. The building is classified as Class B and was originally constructed in 1923. On-site parking is available behind the building, with approximately 30 spaces. The parking lot will soon undergo resurfacing and restriping. The property sits on a 0.032-acre lot and is zoned for Urban Neighborhood General use. Initial operating expenses are estimated at $4.50 per square foot, subject to annual reconciliation. This exceptional opportunity is perfect for businesses seeking modern, renovated space in a vibrant urban setting. The property's address is 701 3rd Ave SE, Cedar Rapids, IA, and the cross street is 7th Street. The APN is 14214-80011-00000.
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
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.661
- Latitude
- 41.98
- 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
$3,292
$33,900
$71,400
$105,300
-
$33,900
$71,400
$105,300
