502 E Ave NW, Cedar Rapids, IA 52405 Property Records

Linn County property record for 502 E Ave NW, Cedar Rapids, IA 52405 · Last verified January 2026

Property Summary

Property Type	Convenience Store
Details	2,250 sqft · built 1985
Lot Size	0.33 acres (14,375 sqft)
Owner	Company Name on File
Last Sale	$270,000 (Aug 2017)
Tax Bill	$18,784 (2024)
Deeds & Mortgages	Aug 2017 Sale & Line of Credit
Flood Zone	Zone X (moderate risk)
APN	`14-20-4-88-005-0-0000`

Property Details

APN / Parcel Number

Primary APN	`14-20-4-88-005-0-0000`

Interior

Stories	1 Story
Building Area	2,250 sqft Total Area

Exterior

Year Built	Built 1985
Lot Area	14,375 sqft (0.33 acres)
Lot Dimensions	94 ft deep x 94 ft wide

Location & Zoning

Street Address	502 E AVE NW
City	CEDAR RAPIDS
State	IA
Zip	52405-3855
Property Category	Commercial
Property Type	Commercial > Retail > Convenience Store
Legal Description	BROWN'S 2ND LOTS 14 & 15 BLK 10
Legal Range	07
Legal Township	83
Legal Section	20
Legal Subdivision	BROWN'S 2ND
Legal Block	10
Legal Lot Number	14-15
Jurisdiction	LINN IA
Township / Civil Division	CEDAR RAPIDS
Census Block Group	2
Census Block	2052
Census Tract	1200

Owner

Source: Linn County records · APN 14-20-4-88-005-0-0000

Assessment roll updated May 1, 2025 · Last verified January 2026

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	502 E AVE NW, CEDAR RAPIDS, IA 52405-3855
Occupancy	Owner Occupied
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Aug 29, 2017 · Amount on Record
Deed Sale	Aug 29, 2017 · Amount on Record
Prior Sale	Dec 01, 2003
Deed Document Number	0009917263
Deed Book / Page	9917 / 263
Record Updated	Jun 08, 2026

August 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LINN IA
Recording Date	Aug 29, 2017
Property Address	502 E AVE NW, CEDAR RAPIDS, IA 52405-3855
Document Number	0099170263
Book / Page	009917 / 000263
Instrument Date	Aug 28, 2017
Transaction Type	Transfer
Record Updated	Sep 05, 2017
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$431.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	PO BOX 566 CEDAR FALLS IA 506130027, CEDAR FALLS, IA 50613-0027

Mortgage

Document Number	99170566
Date	Aug 29, 2017
Book Page	009917/000566

Lender

Name	LINCOLN SVGS BK
Type	Federal Savings Bank
Address	CEDAR FALLS, IA 50613

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Aug 28, 2037

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Linn County records · Assessment roll updated May 1, 2025 · Last verified January 2026

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		$607,300 (+9.52%) Land $57,300 Building $550,000	$607,300 (+9.52%) Land $57,300 Building $550,000
2024	$18,784.00 (+20.13%)
2023		$554,500 (+8.92%) Land $57,300 Building $497,200	$554,500 (+8.92%) Land $57,300 Building $497,200
2022	$15,636.00 (+6.43%)	$509,100 Land $57,300 Building $451,800
2021	$14,692.00		$509,100 Land $57,300 Building $451,800

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 191130012002, 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	Moderate
500-Year Floodplain	Yes
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Cost	Premium on Record median of 89 individual NFIP policies nearby
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	89 in force
Nearby Flood Claims	118 (1982–2016)
Claims Outside the SFHA	16 of 118
Most Recent Claim	Sep 2016, river or lake flooding, Severe Storms And Flooding
Claims By Storm	Severe Storms, Tornadoes, Straight-line Winds, And Flooding, Jun 2014 · 9 claims Severe Storms, Tornadoes, And Flooding, Jun 2008 · 83 claims Severe Storms & Flooding, Aug 1993 · 15 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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 232 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Mediacom Communications	Cable	2,000 / 1,000
Hawkeye Topco Holdings	Cable	300 / 30
Verizon	Fixed Wireless	300 / 20
Lumen Technologies	DSL	140 / 20
AT&T	Fixed Wireless	100 / 20
T-Mobile USA	Fixed Wireless	100 / 20

May also be available at this address: Hawkeye Topco Holdings. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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