Property profile

920 15th Ave Hiawatha, IA 52233

OFF-MARKET
Warehouses
Property ID
US25-0331638
8,400 SF 1.19 ac lot Built 2009
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2009
Construction STEEL FRAME
Total area 8,400 SF
Lot 1.19 ac (51,836 SF)
APN 11-32-2-54-008-0-0000
UPID US25-0331638

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

920 15th Ave Hiawatha, IA 52233
Hiawatha metro Census 205 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
$598k
Blend (final) Blend
$545k

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2019
$915,000
2018
Price N/A
2009
Price N/A
2009
$205,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $895,000 +108.0%
Neighborhood: shopping center $860,000 +100.2%
Medical building $840,000 +94.8%

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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