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

Linn County property record for 321 Collins Rd NE, Cedar Rapids, IA 52402

Property Summary

Property Type	Regional Shopping Center, Mall
Details	107,302 sqft · built 1994
Lot Size	9.95 acres (433,422 sqft)
Owner	Company Name on File
Last Sale	$17,500,000 (Mar 2025)
Tax Bill	$269,882 (2025)
Deeds & Mortgages	Apr 2018 Line of Credit Jun 2017 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14023-01009-00000`

Property Details

APN / Parcel Number

Primary APN	`14023-01009-00000`

Interior

Stories	1 Story
Building Area	107,302 sqft Gross Area
1st Floor Area	107,302 sqft

Exterior

Year Built	Built 1994
Effective Year Built	Effective 1994
Lot Area	433,422 sqft
Total Buildings	5 Buildings

Location & Zoning

Street Address	321 COLLINS RD NE
City	CEDAR RAPIDS
State	IA
Zip	52402-3118
Property Category	Commercial
Property Type	Commercial > Retail > Regional Shopping Center, Mall
Legal Description	NORTHLAND SQUARE FIRST ADDITION STR/LB 5
Legal Range	7W
Legal Township	83N
Legal Section	02
Legal Subdivision	NORTHLAND SQUARE FIRST ADDITION
Legal Lot Number	5
Jurisdiction	LINN IA
Township / Civil Division	CEDAR RAPIDS
Census Block Group	1
Census Block	1003
Census Tract	700

Owner

321 Collins Rd NE, a commercial property, is owned by a company that bought it in March 2025.

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

Owner of Record	Company Name on File
Mailing Address	8825 N 23RD AVE, 100, PHOENIX, AZ 85021-4148
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.

Deeds, Mortgages & Sale History

Date	Document
Apr 27, 2018	Grant Deed, Mortgage · Line of Credit MERCANTILE BK
Jun 22, 2017	Grant Deed, Transfer FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE
Jun 15, 2017	Trustee's Deed, Transfer · Line of Credit WELLS FARGO BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 4, 2025 · Amount on File
Deed Sale	Mar 4, 2025 · Amount on File
Prior Sale	Jun 15, 2017 · Amount on File
Deed Document Number	20254932
Deed Book / Page	2025 / 4932
Prior Transfer Date	Feb 28, 2025
Prior Transfer Doc	0000004934
Record Updated	Oct 29, 2026

April 2018: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	LINN IA
Recording Date	Apr 27, 2018
Property Address	355 COLLINS RD NE, CEDAR RAPIDS, IA 52402-3118
Document Number	0100850654
Book / Page	010085 / 000654
Instrument Date	Apr 27, 2018
Transaction Type	Mortgage
Record Updated	May 24, 2018
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	321 COLLINS RD NE CEDAR RAPIDS IA 524023118, CEDAR RAPIDS, IA 52402-3118

Mortgage

Document Number	100850654
Date	Apr 27, 2018
Book Page	010085/000654

Lender

Name	MERCANTILE BK
Type	Bank
Address	QUINCY, IL 62305-3455

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

June 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	LINN IA
Recording Date	Jun 22, 2017
Property Address	355 COLLINS RD NE, CEDAR RAPIDS, IA 52402-3118
Document Number	0098620098
Book / Page	009862 / 000098
Instrument Date	Jun 19, 2017
Transaction Type	Transfer
Record Updated	Jun 27, 2017
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

Tax	$0.00
Additional	Partial Interest Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4520 MADISON AVE #300 KANSAS CITY MO 641113541, 300, KANSAS CITY, MO 64111-3541

June 2017: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	LINN IA
Recording Date	Jun 15, 2017
Property Address	355 COLLINS RD NE, CEDAR RAPIDS, IA 52402-3118
Document Number	0098560508
Book / Page	009856 / 000508
Instrument Date	Jun 13, 2017
Transaction Type	Transfer
Record Updated	Aug 21, 2018
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$34,892.80
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4520 MADISON AVE #300 KANSAS CITY MO 641113541, 300, KANSAS CITY, MO 64111-3541

Mortgage

Document Number	98560519
Date	Jun 15, 2017
Book Page	009856/000519

Lender

Name	WELLS FARGO BK
Type	Bank
Address	7500 COLLEGE BLVD # 200MAC, OVERLAND PARK, KS 66210-4035

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Jun 14, 2027

Interest

Rate Type	Adjustable Rate

Mortgage

Document Number	98560545,
Date	Jun 15, 2017
Book Page	009856/000545

Lender

Name	WELLS FARGO BK
Type	Bank
Address	OVERLAND PARK, KS 66210

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	60 Months
Due	Jun 14, 2022

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 321 Collins Rd NE was $269,882, up 0.6% from the year before.

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

Property Jurisdictions

Type	Name
State	Iowa
County	Linn County
Municipality	Cedar Rapids City
Unified School District	Linn-Mar Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$7,444,000 (-) Land $1,233,800 Building $6,210,200	$7,444,000 (-) Land $1,233,800 Building $6,210,200
2025	$269,882.00 (+0.63%)	$7,444,000 Land $1,233,800 Building $6,210,200	$7,444,000 Land $1,233,800 Building $6,210,200
2024	$268,204.00
2023		$7,121,300 Land $1,233,800 Building $5,887,500	$7,121,300 Land $1,233,800 Building $5,887,500
2022	$239,224.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 321 Collins Rd NE in Zone X, an area of minimal flood risk, though there have been 8 flood claims nearby since 1982.

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	1 in force
Nearby Flood Claims	8 (1982–2014)
Claims Outside the SFHA	5 of 8
Most Recent Claim	Jun 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

The area around 321 Collins Rd NE 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.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 52 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
ImOn Communications Cable	300 / 30
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: GigFire.

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