Linn County property record for 116 3rd St SE, Cedar Rapids, IA 52401
| Property Type | Commercial Office |
|---|---|
| Details | 61,734 sqft · built 1963 |
| Lot Size | 0.257 acres (11,194 sqft) |
| Owner | Company Name on File |
| Last Sale | $8,400,000 (Nov 2021) |
| Tax Bill | $71,492 (2025) |
| Deeds & Mortgages | Nov 2021 Sale |
| Flood Zone | Zone X (moderate risk) |
| APN | 14214-60006-00000 |
| Primary APN | 14214-60006-00000 |
|---|
| Stories | 4 Stories |
|---|---|
| Building Area | 61,734 sqft Gross Area |
| 1st Floor Area | 69,290 sqft |
| Upper Floors Area | 42,540 sqft |
| Basement Area | 9,597 sqft |
| Year Built | Built 1963 |
|---|---|
| Effective Year Built | Effective 1963 |
| Lot Area | 11,194 sqft (0.257 acres) |
| Total Buildings | 3 Buildings |
| Street Address | 114 3RD ST SE |
|---|---|
| City | CEDAR RAPIDS |
| State | IA |
| Zip | 52401 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Commercial Office |
| Legal Description | O T SW 20 LOT 9 & ALL STR/LB 10 24 |
| Legal Range | 7W |
| Legal Township | 83N |
| Legal Section | 21 |
| Legal Subdivision | CITY/CEDAR RAPIDS |
| Legal Block | 24 |
| Legal Lot Number | 9 |
| Jurisdiction | LINN IA |
| Township / Civil Division | CEDAR RAPIDS |
| Census Block Group | 3 |
| Census Block | 3047 |
| Census Tract | 1900 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Historic District | Within the Cedar Rapids Central Business District Commercial Historic District listed 2015 · 47 contributing resources · NRIS 15000757 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
116 3rd St SE, a commercial property, is owned by a company that bought it in November 2021.
Source: Linn County records, as of October 5, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 505 N 7TH ST, 200, SAINT LOUIS, MO 63101-1608 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Nov 5, 2021 · Amount on File |
| Deed Sale | Nov 5, 2021 · Amount on File |
| Prior Sale | Dec 19, 2014 · Amount on File |
| Deed Book / Page | 11199 / 85 |
| Record Updated | Oct 29, 2026 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | LINN IA |
| Recording Date | Nov 5, 2021 |
| Property Address | 116 3RD ST SE, CEDAR RAPIDS, IA 52401-1210 |
| Document Number | 1119900085 |
| Book / Page | 11199 / 85 |
| Instrument Date | Oct 26, 2021 |
| Transaction Type | Transfer |
| Record Updated | Mar 6, 2024 |
| Title Company | FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO |
| Amount | Amount on Record |
|---|---|
| Tax | $13,439.20 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 1596 BOHNS POINT RD, WAYZATA, MN 55391-9309 |
The 2025 property tax bill for 116 3rd St SE was $71,492.
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 | $2,866,100 (+43.31%) Land $280,000 Building $2,586,100 | $2,866,100 (+43.31%) Land $280,000 Building $2,586,100 | |
| 2025 | $71,492.00 | $2,000,000 Land $280,000 Building $1,720,000 | $2,000,000 Land $280,000 Building $1,720,000 |
| 2024 | $71,492.00 | ||
| 2023 | $2,000,000 Land $280,000 Building $1,720,000 | $2,000,000 Land $280,000 Building $1,720,000 | |
| 2022 | $108,412.00 |
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 116 3rd St SE in Zone X, an area of moderate flood risk, though there have been 19 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 moderate risk |
|---|---|
| 500-Year Floodplain | Yes 0.2% annual chance |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 31 policies |
| Community Rating System | Class 6 (20% premium discount) |
| Nearby Flood Policies | 31 in force |
| Nearby Flood Claims | 19 (2008–2016) |
| Claims Outside the SFHA | 15 of 19 |
| Most Recent Claim | Sep 2016 · Severe Storms 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 116 3rd St SE 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 104 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Mediacom Xtream Cable · Fiber in parts of the area | 2,000 / 1,000 |
| CenturyLink DSL · Fiber in parts of the area | 100 / 100 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: ImOn Communications, T-Mobile, Verizon.
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