Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

922 Rainbow Dr Cedar Falls, IA 50613

OFF-MARKET
Medical Office Space
Property ID
US25-0245791
6,432 SF 0.34 ac lot Built 1979
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This professional office building at 922 Rainbow Drive in Cedar Falls was constructed in 1979 and contains 6,432 square feet. The building’s available office suite is configured with a private office layout that provides a defined workspace arrangement for professional use. The property is located at the 5 Corners intersection in central Cedar Falls and is identified with zoning classifications C-2 and R-4, which govern applicable land-use designations for the site.

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 · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$485k
Assessed land$52k
Assessed improvement$433k
Effective rate2.58%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$230k

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 Firm16.7
Parking Facility11.5
Convenience Store10.2

Location

922 Rainbow Dr Cedar Falls, IA 50613-6500
County assessor Recorded deeds · 2 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 922 Rainbow Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved