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Property profile & analytics

922 Rainbow Dr Cedar Falls, IA 50613-6500

  • Medical offices
  • 6,432 SF
  • 0.34 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US25-0245791
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

  • AAA Dental Services / Dentist
  • Farmers Insurance Agent Katie / Insurance Agency
  • GreatorHealth / Reiki Therapist
  • Krickyfit / Personal Trainer / Physical Fitness Program
  • Townsquare Media Waterloo / Marketing Consultant / Website Designer

Property Details for 922 Rainbow Dr

Year built
1979
Lot size
0.34 lot acres
Property size
6,432 SF
Property type
Medical offices
Property subtype
Medical centers
APN
8913-18-153-009
APU
891318153009

Description

This exceptional Class A creative office space, totaling 1,480 square feet, is situated within a larger 6,432 square foot building at 922 Rainbow Drive in Cedar Falls, Iowa, 50613. The property boasts a prime location at the "5 Corners" intersection, offering excellent visibility and accessibility. Built in 1979, this two-story building features a desirable open-concept configuration within the available suite. The building itself comprises a single structure on a 0.34-acre lot, zoned C-2 and R-4, and includes ample parking with 29 total spaces. The property's APN is 891318153009. This is a multi-tenant building, and the available space presents a fantastic opportunity for businesses seeking a modern and efficient workspace in the Waterloo submarket of Cedar Falls. Estimated Net, Net, Net (NNN) expenses are $3.35 per square foot. The property is classified as Office and Retail, with a Creative Office subtype.

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
-92.4355
Latitude
42.5216
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
$12,508
$52,210
$432,500
$484,710
-
$52,210
$432,500
$484,710
More about this property
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