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Financial
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Property profile

904 Rainbow Dr Cedar Falls, IA 50613

OFF-MARKET
Medical Office Space
Property ID
US25-0441034
2,484 SF 0.3 ac lot Built 1976
Last sale Aug 2021 · $430,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$285k
Assessed land$52k
Assessed improvement$233k
Effective rate2.26%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$380k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionBLACK HAWK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.0
Parking Facility11.5
Convenience Store10.2

Location

904 Rainbow Dr Cedar Falls, IA 50613-6553
County assessor Recorded deeds · 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
715 Bluegrass, Cedar Falls, IA 50613-7978 $900,000 May 2024 3,384 SF
7024 Nordic, Cedar Falls, IA 50613-6451 $5,635,000 Jun 2023 14,434 SF
1000 Brandilynn, Cedar Falls, IA 50613-7462 $2,905,500 Jan 2022 4,310 SF
409 Washington, Cedar Falls, IA 50613-2812 $440,000 May 2021 5,256 SF
2624 Orch, Cedar Falls, IA 50613-5845 $2,277,545 Dec 2020 9,851 SF
3217 Cedar Hts, Cedar Falls, IA 50613-6039 $270,000 Jun 2020 3,792 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
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