4211 Glass RdCedar Rapids, IA 52402

Property Details for 4211 Glass Rd

Year built

1976

Lot size

5.66 AC

Property size (Sq ft)

14,236 SF

Property type

Office buildings

APN

14-07-1-80-011-0-0000

APU

140718001100000

Description

This Cedar Rapids office property, located at 4211 Glass Rd NE, offers 27,559 total square feet, with 8,488 square feet currently vacant. Built in 1976, this property sits on a 5.66-acre lot and features a Traditional Mixed Use Limited zoning designation. Multiple tenancy options are available, ranging from 500 to 4,888 square feet. The building enjoys a tranquil wooded setting, yet boasts convenient access to Highway 100 and I-380, situated just off Edgewood Rd and 42nd St NE. The gross lease structure simplifies expenses, making this an affordable and attractive option for businesses seeking a distinctive work environment. Specific available suites include A1 and B1-B5. The property's APN is 14071-80011-00000. This is a rare opportunity to establish your business in a serene yet strategically located setting in Cedar Rapids, Iowa, zip code 52402.

• CAP approach

  CAP return

  Valuation

  6%

  $2,343,402

  6.5%

  $2,163,141

  7%

  $2,008,631

• Comparable approach

  Method

  Valuation

  Relative Method

  $726,605

  Geo Method

  $726,605

• Alternative Use

  Use

  Valuation

  Residential

  $2,682,294

  Hospitality

  $2,456,967

  Educational

  $2,044,168

  Medical

  $2,114,470

  Retail

  $3,179,817

Location Insight

City

Cedar Rapids

County

Linn

State

Iowa

Latitude

42.0157

Longitude

-91.7009

CBSA code

16300

CBSA name

CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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