5405 Ely Rd SW, Cedar Rapids, IA 52404 Property Records

Linn County property record for 5405 Ely Rd SW, Cedar Rapids, IA 52404

Property Summary

Property Type	Warehouse, Storage
Details	410,000 sqft · built 1996
Lot Size	21.2 acres (923,472 sqft)
Owner	Company Name on Record
Last Sale	$16,740,000 (Jun 2021)
Tax Bill	$514,938 (2025)
Deeds & Mortgages	Jun 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`19113-26001-00000`

Property Details

APN / Parcel Number

Primary APN	`19113-26001-00000`

Interior

Stories	1 Story
Building Area	410,000 sqft Gross Area
1st Floor Area	410,000 sqft

Exterior

Year Built	Built 1996
Effective Year Built	Effective 1996
Lot Area	923,472 sqft
Total Buildings	2 Buildings

Location & Zoning

Street Address	5405 ELY RD SW
City	CEDAR RAPIDS
State	IA
Zip	52404-7403
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Legal Description	LANDS TH PT LYG N OF ELY RD & WLY OF RR N 1/2 SW STR/LB 11 82 7
Legal Range	07
Legal Township	82
Legal Section	11
Legal Subdivision	ELY
Jurisdiction	LINN IA
Township / Civil Division	CEDAR RAPIDS
Census Block Group	2
Census Block	2008
Census Tract	3003

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 Record	Company Name on Record
Mailing Address	6191 N STATE HIGHWAY 161, 100, IRVING, TX 75038-2290
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 23, 2021 · Amount on Record
Deed Sale	Jun 23, 2021 · Amount on Record
Deed Book / Page	11056 / 361
Record Updated	Oct 29, 2026

June 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LINN IA
Recording Date	Jun 23, 2021
Property Address	5507 ELY RD SW, CEDAR RAPIDS, IA 52404
Document Number	0011056361
Book / Page	11056 / 361
Instrument Date	Jun 10, 2021
Transaction Type	Transfer
Record Updated	Dec 13, 2021
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE INSURANCE CO

Transaction

Amount	Amount Recorded
Tax	$26,783.20
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2 CENTRE PLZ, CLINTON, TN 37716-3960

Mortgage

Document Number	0011056364
Date	Jun 23, 2021
Instrument	11056/364

Lender

Name	FIRSTBANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

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	College Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$14,536,000 (-) Land $1,139,400 Building $13,396,600	$14,536,000 (-) Land $1,139,400 Building $13,396,600
2025	$514,938.00 (+5.41%)	$14,536,000 (+8.91%) Land $1,139,400 Building $13,396,600	$14,536,000 (+8.91%) Land $1,139,400 Building $13,396,600
2024	$488,510.00 (+46.31%)
2023		$13,347,300 Land $1,139,400 Building $12,207,900	$13,347,300 Land $1,139,400 Building $12,207,900
2022	$333,894.00

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 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

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 Risk	Low lower than 96% of the US · lower than 71% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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 79 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
South Slope Cooperative Telephone Company Fiber	10,000 / 10,000
Mediacom Xtream Cable	2,000 / 1,000
ImOn Communications Fiber	1,000 / 1,000
Verizon Fixed Wireless	300 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Ely Rd SW

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