Financial
Distress signals
Property profile

912 1st NW Ave Cedar Rapids, IA 52405

OFF-MARKET
Turn key restaurants
Property ID
US25-0289400
3,770 SF 0.16 ac lot Built 1953
Last sale Jun 2010 · $125,000
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial property is located on 1st Avenue in Cedar Rapids and is situated near downtown and local entertainment venues, including McGrath Amphitheater, the hockey arena, the baseball stadium, and a casino/entertainment center. The building has a total area of approximately 3,050 square feet and sits on a lot of approximately 0.161 acres. The property was historically used as a bar and restaurant, and it includes an upstairs apartment in addition to the main commercial space, with the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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 · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value$243k
Assessed land$42k
Assessed improvement$201k
Effective rate2.57%

Value estimate

· Sep 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$158/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$95 – $216

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.9
Law Firm17.2
Dental Office14.8

Location

912 1st NW Ave Cedar Rapids, IA 52405-4858
County assessor Recorded deeds · 4 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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