Property profile

98 Cemetery Rd Fairfax, IA 52228

OFF-MARKET
Office Spaces
Property ID
US25-2305729
7,152 SF 2.97 ac lot Built 1999
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1999
Total area 7,152 SF
Lot 2.97 ac (129,373 SF)
APN 20091-51014-00000
UPID US25-2305729

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Telecommunications Service
  • Construction Company General Contractor
  • General Contractor

Location

98 Cemetery Rd Fairfax, IA 52228-9321
Fairfax metro Census 10700 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
$975k
Comparable Approach Comparable
$661k
Blend (final) Blend
$655k

Owner & transaction history

since 2022
Last sale
$735,000
7 recorded transactions
2022
$735,000
2016
$31,500
2015
$480,000
2015
$480,000
2015
Price N/A
2009
$392,000
2007
$849,500

Zoning & alternative use

Top alternative use upside
Restaurant $810,000 +79.1%
Auto repair, garage $765,000 +68.7%
Neighborhood: shopping center $735,000 +62.4%

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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