161 Collins Rd NE, Cedar Rapids, IA 52402 Property Records

Linn County property record for 161 Collins Rd NE, Cedar Rapids, IA 52402

Property Summary

Property TypeRegional Shopping Center, Mall
Details530,727 sqft · built 1960
Lot Size28.9 acres (1,260,626 sqft)
OwnerCompany Name on Record
Last Sale$3,225,000 (Jan 2025)
Tax Bill$909,262 (2025)
Deeds & MortgagesDec 2024 Line of Credit
Flood ZoneZone X (minimal risk)
APN14024-26009-00000

Property Details

APN / Parcel Number

Primary APN14024-26009-00000

Interior

Stories2 Stories
Building Area530,727 sqft Gross Area
1st Floor Area685,364 sqft
Basement Area80,693 sqft

Exterior

Year BuiltBuilt 1960
Effective Year BuiltEffective 1960
Lot Area1,260,626 sqft
Total Buildings10 Buildings

Location & Zoning

Street Address161 COLLINS RD NE
CityCEDAR RAPIDS
StateIA
Zip52402-3201
Property CategoryCommercial
Property TypeCommercial > Retail > Regional Shopping Center, Mall
Legal DescriptionTH PT NE SW & NW SE & SW SE AS DESC IN V8186/P654 EX LINDALE 1ST, 2ND, 3RD & 4TH & EX RDS SEC 02 TWP 83 R 7
Legal Range07
Legal Township83
Legal Section02
Legal SubdivisionLINDALE 1ST
JurisdictionLINN IA
Township / Civil DivisionCEDAR RAPIDS
Census Block Group1
Census Block1003
Census Tract700

Owner

Source: Linn County records, as of October 5, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address161 COLLINS RD NE, CEDAR RAPIDS, IA 52402-3201
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 28, 2025 · Amount on Record
Deed SaleJan 28, 2025 · Amount on Record
Deed Document Number20252225
Deed Book / Page2025 / 2225
Last Transfer DateFeb 24, 2025
Transfer Doc0000004672
Record UpdatedOct 29, 2026

December 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLINN IA
Property Address161 COLLINS RD NE, CEDAR RAPIDS, IA 52402-3201
Transaction TypeMortgage
Record UpdatedOct 21, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address1010 NORTHERN BLVD 212, 212, GREAT NECK, NY 11021-5320

Mortgage

Document Number2024010671
DateDec 20, 2024
Instrument2024-010671
Lender
NameSTANDARD INSURANCE CO
TypeFunding / Finance Company
Address10265 NE TANASBOURNE DR, HILLSBORO, OR 97124
Agreement
TypeLine of Credit
AmountAmount Recorded
Term204 Months
DueDec 1, 2041
Interest
Change FrequencyMonthly

Tax Assessment & Valuation

Source: Linn County assessment roll, as of October 5, 2026

Property Jurisdictions

TypeName
StateIowa
CountyLinn County
MunicipalityCedar Rapids City
Unified School DistrictLinn-Mar Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$33,532,200 (-) Land $6,117,500 Building $27,414,700$33,532,200 (-) Land $6,117,500 Building $27,414,700
2025$909,262.00 (+0.61%)$33,532,200 Land $6,117,500 Building $27,414,700$33,532,200 Land $6,117,500 Building $27,414,700
2024$903,786.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective May 31, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims8 (1982–2014)
Claims Outside the SFHA5 of 8
Most Recent ClaimJun 2014 · Severe Storms, Tornadoes, Straight-line Winds, And Flooding
Claims by Event
  • Severe Storms & Flooding, Aug 1993 · 4 claims

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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCEDAR RAPIDS WATER DEPARTMENT
serves 142,364 people · EPA ID IA5715093
Water SourceGroundwater influenced by surface water
Last State InspectionOct 2025
Lead2 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 180 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
2,000 / 1,000

May also be available: GigFire, ImOn Communications, T-Mobile, Verizon.

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