500 2nd Ave SE, Cedar Rapids, IA 52401 Property Records

Linn County property record for 500 2nd Ave SE, Cedar Rapids, IA 52401 · Last verified October 2025

Property Summary

Property Type	High-Rise Office
Details	181,260 sqft · built 1980
Lot Size	0.71 acres (30,928 sqft)
Owner	Company Name on File
Tax Bill	$477,876 (2024)
Flood Zone	Zone X (minimal risk)
APN	`14-21-4-54-003-0-0000`

Property Details

APN / Parcel Number

Primary APN	`14-21-4-54-003-0-0000`

Interior

Stories	10 Stories
Building Area	181,260 sqft Total Area
Gross Area	181,630 sqft
Upper Floors Area	30,800 sqft
Basement Area	26,340 sqft

Exterior

Year Built	Built 1980
Lot Area	30,928 sqft (0.71 acres)
Lot Dimensions	220 ft deep x 220 ft wide

Location & Zoning

Street Address	500 2ND AVE SE
City	CEDAR RAPIDS
State	IA
Zip	52401-1304
Property Category	Commercial
Property Type	Commercial > Office > High-Rise Office
Legal Description	O T ALL LOTS 1, 2 & 3 & SW 40'LOT 4 BLK 40 & A .5' STRIP LYG SE'LY OF & ADJ TO BOTH NE 50' LOT 2 & SW 1' LOT 3 BLK 40
Legal Range	83
Legal Township	83
Legal Section	02
Legal Block	40
Legal Lot Number	4
Jurisdiction	LINN IA
Township / Civil Division	CEDAR RAPIDS
Census Block Group	3
Census Block	3038
Census Tract	1900

Owner

Source: Linn County records · APN 14-21-4-54-003-0-0000

Assessment roll updated May 1, 2025 · Last verified October 2025

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

Owner of Record	Company Name on File
Mailing Address	899 HEATHROW PARK LN, LAKE MARY, FL 32746-5612
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Aug 01, 1986
Deed Sale	Aug 01, 1986
Deed Document Number	0001896424
Record Updated	Jun 08, 2026

Tax Assessment & Valuation

Source: Linn County records · Assessment roll updated May 1, 2025 · Last verified October 2025

Property Jurisdictions

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

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$12,923,100 (-0.91%) Land $369,600 Building $12,553,500	$12,923,100 (-0.91%) Land $369,600 Building $12,553,500
2024	$477,876.00 (-4.67%)
2023		$13,041,900 Land $369,600 Building $12,672,300	$13,041,900 Land $369,600 Building $12,672,300
2022	$501,306.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Linn County (19113C), updated May 31, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 191130019003, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Flood Insurance Cost	Premium on Record median of 31 individual NFIP policies nearby
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, river or lake flooding, Severe Storms And Flooding
Claims By Storm	Severe Storms And Flooding, Sep 2016 · 15 claims Severe Storms, Tornadoes, And Flooding, May 2013 · 3 claims

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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.

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 104 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Mediacom Communications	Cable	2,000 / 1,000
Lumen Technologies	DSL	100 / 100
AT&T	Fixed Wireless	100 / 20

May also be available at this address: Verizon, Mediacom Communications, T-Mobile USA, Hawkeye Topco Holdings, Lumen Technologies. Availability varies by address; speeds are provider-advertised maximums, not measured.