Linn County property record for 1005 3rd Ave SW, Cedar Rapids, IA 52404
| Property Type | Storage Yard, Open Storage (Light Equipment, Material) |
|---|---|
| Details | 2,085 sqft · built 2021 |
| Lot Size | 0.89 acres (38,768 sqft) |
| Owner | Company Name on File |
| Last Sale | $3,750,000 (Oct 2025) |
| Tax Bill | $39,504 (2025) |
| Deeds & Mortgages | Oct 2025 Sale & Line of Credit Aug 2021 Construction Loan + 1 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 14294-28001-00000 |
| Primary APN | 14294-28001-00000 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 2,085 sqft Gross Area |
| 1st Floor Area | 2,085 sqft |
| Upper Floors Area | 19,000 sqft |
| Year Built | Built 2021 |
|---|---|
| Effective Year Built | Effective 2021 |
| Construction Type | Steel Frame |
| Lot Area | 38,768 sqft (0.89 acres) |
| Street Address | 1005 3RD AVE SW |
|---|---|
| City | CEDAR RAPIDS |
| State | IA |
| Zip | 52404-1830 |
| Property Category | Industrial |
| Property Type | Industrial > Storage Yard, Open Storage (Light Equipment, Material) |
| Legal Description | WOOD LAWN PARK 1ST LOT 15 & LOT 16 EX W56 N26 & E44 LOT 18 & LOT 19 EX RD BLK 1 |
| Legal Range | 7W |
| Legal Township | 83N |
| Legal Section | 29 |
| Legal Subdivision | WOOD LAWN PARK 1ST |
| Legal Block | 1 |
| Legal Lot Number | 15 |
| Jurisdiction | LINN IA |
| Township / Civil Division | CEDAR RAPIDS |
| Census Block Group | 1 |
| Census Block | 1001 |
| Census Tract | 2400 |
1005 3rd Ave SW, an industrial property, is owned by a company that bought it in October 2025.
Source: Linn County records, as of October 5, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 550 LINDALE DR, MARION, IA 52302-4744 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Oct 31, 2025 | Warranty Deed, Transfer · Line of Credit FARMERS STATE BANK |
| Aug 16, 2021 | Deed of Trust, Mortgage · Construction Mortgage TEACHERS CU |
| Jun 21, 2018 | Warranty Deed, Transfer |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 31, 2025 · Amount on File |
| Deed Sale | Oct 31, 2025 · Amount on File |
| Prior Sale | Jun 21, 2018 · Amount on File |
| Deed Document Number | 202530292 |
| Deed Book / Page | 2025 / 30292 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | LINN IA |
| Recording Date | Oct 31, 2025 |
| Property Address | 1005 3RD AVE SW, CEDAR RAPIDS, IA 52404-1830 |
| Document Number | 2025030292 |
| Instrument Date | Oct 30, 2025 |
| Instrument | 2025-030292 |
| Transaction Type | Transfer |
| Record Updated | Nov 12, 2025 |
| Amount | Amount on Record |
|---|---|
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $5,999.20 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 550 LINDALE DR, MARION, IA 52302-4744 |
| Document Number | 2025030293 |
|---|---|
| Date | Oct 31, 2025 |
| Instrument | 2025-030293 |
| Name | FARMERS STATE BANK |
|---|---|
| Type | Bank |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Oct 30, 2055 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LINN IA |
| Property Address | 1005 3RD AVE SW, CEDAR RAPIDS, IA 52404-1830 |
| Transaction Type | Mortgage |
| Record Updated | Dec 13, 2021 |
| Name | Verified Name |
|---|---|
| Address | 2820 12TH AVE SW, CEDAR RAPIDS, IA 52404-1410 |
| Document Number | , 0011115519 |
|---|---|
| Date | Aug 16, 2021 |
| Book Page | 11115/519 |
| Name | TEACHERS CU |
|---|---|
| Type | Credit Union |
| Address | SOUTH BEND, IN 46601 |
| Type | Construction Mortgage |
|---|---|
| Amount | Amount on Record |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | LINN IA |
| Recording Date | Jun 21, 2018 |
| Property Address | 1005 3RD AVE SW, CEDAR RAPIDS, IA 52404-1830 |
| Document Number | 0101320038 |
| Book / Page | 010132 / 000038 |
| Instrument Date | Jun 18, 2018 |
| Transaction Type | Transfer |
| Record Updated | Jul 16, 2018 |
| Amount | Amount on Record |
|---|---|
| Tax | $352.00 |
| Amount Accuracy | Confirmed |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 2820 12TH AVE SW CEDAR RAPIDS IA 524041410, CEDAR RAPIDS, IA 52404-1410 |
The 2025 property tax bill for 1005 3rd Ave SW was $39,504, up 40.4% from the year before.
Source: Linn County assessment roll, as of October 5, 2026
| Type | Name |
|---|---|
| State | Iowa |
| County | Linn County |
| Municipality | Cedar Rapids City |
| Unified School District | Cedar Rapids Community School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $3,565,100 (-) Land $115,700 Building $3,449,400 | $3,565,100 (-) Land $115,700 Building $3,449,400 | |
| 2025 | $39,504.00 (+40.35%) | $3,565,100 Land $115,700 Building $3,449,400 | $3,565,100 Land $115,700 Building $3,449,400 |
| 2024 | $28,146.00 | ||
| 2023 | $3,523,400 (+1,425.94%) Land $115,700 Building $3,407,700 | $3,523,400 Land $115,700 Building $3,407,700 | |
| 2022 | $5,974.00 (+2,025.98%) | $230,900 Land $115,700 Building $115,200 | |
| 2021 | $281.00 | $230,900 Land $115,700 Building $115,200 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 1005 3rd Ave SW in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2008.
Source: FEMA National Flood Hazard Layer, effective May 31, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 6 (20% premium discount) |
| Nearby Flood Policies | 4 in force |
| Nearby Flood Claims | 2 (2008) |
| Most Recent Claim | Jun 2008 · Severe Storms, Tornadoes, And Flooding |
| Claims by Event |
|
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 1005 3rd Ave SW has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CEDAR RAPIDS WATER DEPARTMENT serves 142,364 people · EPA ID IA5715093 |
|---|---|
| Water Source | Groundwater influenced by surface water |
| Last State Inspection | Oct 2025 |
| Lead | 2 ppb (2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 534 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Mediacom Xtream Cable | 2,000 / 1,000 |
| ImOn Communications Cable · Fiber in parts of the area | 300 / 30 |
| Verizon Fixed Wireless | 300 / 20 |
| CenturyLink DSL | 140 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
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