Realmo Analytics

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Property profile

8905 6Th St SW Land Lease Cedar Rapids, IA 52404

FOR SALE
Other commercial real estate
Property ID
US25-0721881
4.88 ac lot
Last sale Dec 2022 · $1,030,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a leased land parcel totaling 1.65 acres as part of a larger 4.46-acre site, designated for commercial development on a shovel-ready building site. It is located at the intersection of I-380 and Wright Bros. Blvd in Cedar Rapids, Iowa, positioned for high-traffic access with average daily traffic exceeding 25,000 vehicles. The site has potential for commercial uses including convenience/food retail (C-store), quick-serve restaurant, and retail or sales and service…

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 · 2022

What does the county charge?
$26k
Tax billed · 2022
Assessed value · 2023$773k
Assessed land$773k
Effective rate3.37%

Value estimate

· Nov 2026
$740k
$666k – $814k
AI approach$735k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$23 – $63

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery8.2
Storage Facility8.2
Smoke and Vape Shop8.2

Location

8905 6Th St SW Land Lease Cedar Rapids, IA 52404
County assessor Recorded deeds · 4 transfers 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6115 7th SW, Cedar Rapids, IA 52404-7066 $430,000 Jan 2026 4,150 SF
5715 Locust SW, Cedar Rapids, IA 52404-4300 $61,000 Oct 2025 12,000 SF
16th SW, Cedar Rapids, IA 52404 $580,000 Aug 2025 No data
Bowling SW, Cedar Rapids, IA 52404 $850,000 May 2025 No data
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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