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    Property profile & analytics

    714 1st NW Ave Cedar Rapids, IA 52405-3934

    • Investment properties
    • 9,921 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US25-0088709
    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

    • DJ Auto Service and Sales / Used Car Dealer
    • Matheson / Welding Gas Supplier / Welding Supply Store

    Property Details for 714 1st NW Ave

    Year built
    1948
    Construction
    STEEL FRAME
    Lot size
    0.26 lot acres
    Property size
    9,921 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    14-29-1-78-007-0-0000
    APU
    142917800700000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $345,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $370,000
      Mixed-Use
      $310,000
      Hospitality
      $380,000
      Educational
      $355,000
      Residential Income
      $360,000
      Energy
      $390,000
      Income-Based Land
      $330,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6815
    Latitude
    41.974
    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
    $13,996
    $67,200
    $422,200
    $489,400
    -
    $67,200
    $422,200
    $489,400

    Comparable in this City

    • Value Estimation
      $210,000
      4,992 SF

      4920 Johnson NW Ave

      STORE/OFFICE (MIXED USE) • 4,992 SF
      4920 Johnson NW Ave, Cedar Rapids, IA 52405-4221
      View Details
    • Value Estimation
      $195,000
      7,680 SF

      4990 Johnson NW Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,680 SF
      4990 Johnson NW Ave, Cedar Rapids, IA 52405-4204
      View Details
    • Value Estimation
      $555,000
      8,736 SF

      609 1st SW Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 8,736 SF
      609 1st SW Ave, Cedar Rapids, IA 52405-3938
      View Details
    • Value Estimation
      $210,000
      3,232 SF

      3200 G NW Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,232 SF
      3200 G NW Ave, Cedar Rapids, IA 52405-2049
      View Details
    • Value Estimation
      $210,000
      3,232 SF

      3201 G NW Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,232 SF
      3201 G NW Ave, Cedar Rapids, IA 52405-2050
      View Details
    • Value Estimation
      $230,000
      3,328 SF

      195 Wiley NW Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,328 SF
      195 Wiley NW Blvd, Cedar Rapids, IA 52405-4338
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Land Tracts Near Cedar Rapids

      Land tracts in Linn County with development potential near Cedar Rapids.
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    • $325,000
      3,050 SF

      Cedar Rapids Mixed-Use Building

      Bar/Restaurant with apartment in high-traffic location near upcoming casino.
      912 1St Ave, Cedar Rapids, IA 52405
      View Details
    • New
      $240,000
      1,508 SF

      Updated Duplex Investment Opportunity

      Well-maintained duplex with updated units and long-term tenants.
      819 G Ave NW, Cedar Rapids, IA 52405
      View Details
    • New
      $340,000
      3,050 SF

      Turnkey Bar and Restaurant Opportunity

      Bar/restaurant with apartment near downtown and upcoming entertainment.
      912 1St Ave, Cedar Rapids, IA 52405
      View Details
    • $320,000
      1.88 Acres

      Edgewood Road NW Commercial Land

      Prime Cedar Rapids development land, high visibility, 1.88 acres.
      327 Edgewood Rd, Cedar Rapids, IA 52405
      View Details
    • Contact for pricing
      28.03 Acres

      River Bluffs Development Land

      28 Acres, Cedar Rapids, IA - Prime Location
      0 River Bluff Dr, Cedar Rapids, IA 52405
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      14,125 SF

      NewBo Mixed-Use Retail Opportunity

      Flexible retail spaces in vibrant NewBo neighborhood with patio.
      900 3Rd St SE, Cedar Rapids, IA 52405
      View Details
    • $10 SF/Yr
      2,590 SF

      Retail Space in Cedar Rapids

      Prime retail location with high visibility and ample parking.
      341-369 Edgewood Rd NW, Cedar Rapids, IA 52405
      View Details
    • $10 SF/Yr
      1,400 SF

      Prime NW Cedar Rapids Retail

      Retail space in high-traffic Cedar Rapids corridor with strong co-tenants.
      371-393 Edgewood Rd NW, Cedar Rapids, IA 52405
      View Details
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    Cedar Rapids, IA 52405-3934
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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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