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    Property profile & analytics

    7402 Nordic Dr Cedar Falls, IA 50613-6319

    • Hotels
    • 54,968 SF
    • 3.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0263213
    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

    • Comfort Suites / Hotel

    Property Details for 7402 Nordic Dr

    Year built
    2006
    Lot size
    3.46 lot acres
    Property size
    54,968 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    8914-36-378-008
    APU
    891436378008

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.4469
    Latitude
    42.4715
    CBSA code
    47940
    CBSA name
    WATERLOO-CEDAR FALLS, 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
    $115,102
    $606,130
    $3,257,520
    $3,863,650
    -
    $606,130
    $3,257,520
    $3,863,650

    Comparable in this City

    • Value Estimation by Request
      93,096 SF

      7213 Nordic Dr

      HOTEL/MOTEL • 93,096 SF
      7213 Nordic Dr, Cedar Falls, IA 50613-9360
      View Details
    • Value Estimation by Request
      80,352 SF

      101 1st St

      HOTEL/MOTEL • 80,352 SF
      101 1st St, Cedar Falls, IA 50613-2633
      View Details
    • Value Estimation by Request
      384 SF

      1700 Primrose Dr

      HOTEL/MOTEL • 384 SF
      1700 Primrose Dr, Cedar Falls, IA 50613-5746
      View Details
    • Value Estimation by Request
      6,650 SF

      4711 University Ave

      HOTEL/MOTEL • 6,650 SF
      4711 University Ave, Cedar Falls, IA 50613-6262
      View Details
    • Value Estimation
      $930,000
      53,164 SF

      4410 University Ave

      HOTEL/MOTEL • 53,164 SF
      4410 University Ave, Cedar Falls, IA 50613-6220
      View Details
    • Value Estimation by Request
      4,304 SF

      722 Lone Tree Rd

      HOTEL/MOTEL • 4,304 SF
      722 Lone Tree Rd, Cedar Falls, IA 50613-7666
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $20 SF/Yr
      1,588 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 1,588 square feet.
      4505 Algonquin Dr, Cedar Falls, IA 50613
      View Details
    • $2,350 /Mo
      4,356 SF

      Cedar Falls Retail/Office Space

      High visibility retail or office space with on-site parking.
      704 Main St, Cedar Falls, IA 50613
      View Details
    • $1,500 /Mo
      321,037 SF

      Versatile Cedar Falls Commercial Office

      Multi-tenant office building in Cedar Falls Industrial Park for lease.
      7009 Nordic Dr Unit, Cedar Falls, IA 50613
      View Details
    • Contact for pricing
      552,884 SF

      College Square Mall: Cedar Falls

      High-traffic retail space available.
      6301 University Ave, Cedar Falls, IA 50613
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    • $4,600 /Mo
      74,052 SF

      Cedar Falls Office/Storage Space

      4906 sq ft office or storage/warehouse space for rent.
      4807 University Ave, Cedar Falls, IA 50613
      View Details
    • $550 /Mo
      321,037 SF

      Versatile Commercial Office Building

      Multi-tenant commercial office building in Cedar Falls Industrial Park.
      7009 Nordic Dr Unit, Cedar Falls, IA 50613
      View Details

    Property Visit Statistics

    • Visits by month
      8.4k
    • Visitors by month
      3.3k
    • Avg Time on site
      521 min
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    7402 Nordic Dr
    Cedar Falls, IA 50613-6319
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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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