• Parcel Number:
    14222-13001-00000
  • Computer ID:
    53891
  • DBA:
    HY-VEE
  • Deed Holder:
    AGREE LIMITED PARTNERSHIP
  • Property Address:
    1556 1ST AVE NE
    CEDAR RAPIDS, IA 52402-0000

  • Mailing Address:
    32301 WOODWARD AVE
    ROYAL OAK, MI 48073-0000 USA
  • Location:
    Urban
  • Class:
    COMMERCIAL
  • Map Area:
    GROCERY STORE
  • Tax District:
    20100 CR/CR SCH
  • Plat Map:
    2223
  • Legal Description:
    BEVER'S 2ND-SMITH'S REPLAT LOTS 1-5 BLK 22 & BEVER'S 2ND LOT 8 & NE 60' LOT 9 & NE 50' LOT 13 BLK 22 STR/LB
  • Property Report:
  Current Value as of January 1, 2024 - Taxes payable September 2025 and March 2026
Land Value Dwelling Value Improvement Value Total Value
$662,900 $0 $1,617,500 $2,280,400
  Prior Year Value Information
Year Land Value Dwelling Value Improvement Value Total Value
2023 $662,900 $0 $1,617,500 $2,280,400
2022 $662,900 $0 $1,603,800 $2,266,700
2021 $662,900 $0 $1,513,400 $2,176,300
2020 $662,900 $0 $1,562,400 $2,225,300
2019 $662,900 $0 $1,562,400 $2,225,300
2018 $662,900 $0 $1,562,400 $2,225,300
2017 $662,900 $0 $1,562,400 $2,225,300
2016 $662,900 $0 $1,124,186 $1,787,086
2015 $662,900 $0 $1,124,186 $1,787,086
2014 $662,900 $0 $1,124,186 $1,787,086
2013 $662,900 $0 $1,124,186 $1,787,086
2012 $613,656 $0 $1,158,544 $1,772,200
2011 $613,656 $0 $1,158,544 $1,772,200
2010 $613,656 $0 $1,312,986 $1,926,642
2009 $613,656 $0 $1,312,986 $1,926,642
2008 $613,656 $0 $1,312,986 $1,926,642
2007 $613,656 $0 $1,312,986 $1,926,642
2006 $613,656 $0 $1,312,986 $1,926,642
  Land Information
Assessor's lot sizes are for assessment purposes only and may NOT represent actual dimensions. For more accurate, complete data refer to GIS maps, plat maps, or legal documents.
Lot Type Square Feet Acres
Acres x Rate 82,503 1.894
  Commercial Building Information
Occupancy Year Built Building Area
2002 26,954
Building 1 of 1
  • Year Built:2002
  • EFA:21
  • EFF Year:2002
  • Occupancy:Store - Grocery
  • Label: 1S STL FR MTL EIFS
  • Gross Building Area:26,954
  • Condition:Normal
Verticals-Horizontals
Component Description Units 1 Units 2
Electrical Supermarket 1 26,954
Exterior Wall Mtl/ Stl/ Insul (=>100' Wide) 20 0
Exterior Wall EIFS 0 0
Framing Steel - Average 1 26,954
Fronts/Doors Incl. w / Base Average 0
Ftg & Fdtn Reinforced Concrete 8" 0
HVAC Combination FHA - AC 1 26,954
Interior Wall Drywall or Equiv. 0 0
Partitions Incl. w / Base 1 26,954
Roof Metal/ Stl/ Insul (=>100' Wide) 26,954
Sprinkler Exposed Wet 1 26,954
Struct. Floor R'Concrete 1 26,954
Wall Facing Face Brick Veneer Average 0
Windows Incl. w / Base 0 0
Plumbing
Description Quantity Range
Toilet Room 2 Base
Lavatory 4 Base
Water Closet 3 Base
Sink-Kitchen 1 Base
Urinal - Wall 1 Base
Stainless Stl Sinks-(Lounge Type) 3 Tub 2 Base
Adjustments
Description Quantity Range
A/C - Add 1,332 Average
Sprinkler - exposed wet 26,954 Average
Canopy - attached 140 High
Mezzanine - storage 1,392 Average
Mezzanine - storage 720 Average
Mezzanine - finished(no a/c) 1,332 Average
Ceiling - none 24,324 Average
Floor - no finish (finished area only) 4,752 Average
Extra 1 of 2
  • Type: Dock Leveler/Lock
  • Description: Dock Leveler
  • Type: Hydraulic
  • Pricing: Low
Extra 2 of 2
  • Type: Door
  • Description: Door
  • Type: O.H. - Door w/Seal - Manual
  • Width: 8
  • Height: 10
  • Price: Average
  • Quantity: 80 SFSA
  Yard Extra Information
Description Item Count Year Built
1 2002
Details
  • Year Built:2002
  • EFA:21
  • EFF Year:2002
  • Description:Paving - Concrete
  • Condition:Normal
  • Paving Type:Concrete Parking
  • Price Method:Per Square Foot
  • Pricing:Low
  • Quantity:47,100 Square Feet
  • # of Spaces:0
  • Lighting:Average
  • Count:1
  • Plot Number:0
  Sale Information
Sale Date Amount Sales Condition Code Recording
$1,433,000 0 - Normal 11522/57886
Sales Detail
  • Buyer: AGREE LIMITED PARTNERSHIP
  • Seller: PENSION INVESTORS 99 LLC
  • Sale Date: 02/21/2024
  • Sale Amount: $1,433,000
  • Sale Type: Deed
  • Sales Code: 0 - Normal
  • Recording: 11522/57886
  • Additional Information: Click Here
$0 38 - No consideration 11522/25156
Sales Detail
  • Buyer: PENSION INVESTORS 99 LLC
  • Seller: 1556 FIRST AVENUE NE
  • Sale Date: 10/16/2023
  • Sale Amount: $0
  • Sale Type: Deed
  • Sales Code: 38 - No consideration
  • Recording: 11522/25156
  • Additional Information: Click Here
$2,995,434 036 - Prior Year Sales (Last 1/2 Of Year Acceptable) 5526/477
Sales Detail
  • Buyer: 1556 FIRST AVENUE NE
  • Seller: HY-VEE INC
  • Sale Date: 12/16/2003
  • Sale Amount: $2,995,434
  • Sale Type: Deed
  • Sales Code: 036 - Prior Year Sales (Last 1/2 Of Year Acceptable)
  • Recording: 5526/477
  • Additional Information: Click Here
$420,000 020 - Transfer To / By Administrator, Guardian, Conservator, Referee, Trustee 4560/501
Sales Detail
  • Buyer:
  • Seller: HY VEE INC
  • Sale Date: 01/02/2002
  • Sale Amount: $420,000
  • Sale Type: Deed
  • Sales Code: 020 - Transfer To / By Administrator, Guardian, Conservator, Referee, Trustee
  • Recording: 4560/501
  • Additional Information: Click Here
$420,000 020 - Transfer To / By Administrator, Guardian, Conservator, Referee, Trustee 4560-501
Sales Detail
  • Buyer: HY-VEE INC
  • Seller: WELLS FARGO BANK IOWA
  • Sale Date: 12/17/2001
  • Sale Amount: $420,000
  • Sale Type: Deed
  • Sales Code: 020 - Transfer To / By Administrator, Guardian, Conservator, Referee, Trustee
  • Recording: 4560-501
  • Additional Information: Click Here
$207,178 034 - Vacant Lots 4521/326
Sales Detail
  • Buyer:
  • Seller: HY-VEE INC
  • Sale Date: 11/29/2001
  • Sale Amount: $207,178
  • Sale Type: Deed
  • Sales Code: 034 - Vacant Lots
  • Recording: 4521/326
  • Additional Information: Click Here
$207,177 016 - Improvements After Jan. 1 of Sale Year, but Prior to Actual Sale Date 4521-326
Sales Detail
  • Buyer: HY-VEE INC
  • Seller: KOSEK, STANLEY M & BETTY J
  • Sale Date: 11/28/2001
  • Sale Amount: $207,177
  • Sale Type: Deed
  • Sales Code: 016 - Improvements After Jan. 1 of Sale Year, but Prior to Actual Sale Date
  • Recording: 4521-326
  • Additional Information: Click Here
  Building Permit Information
Date Number | Comments Reason
09/18/2019 ELEC-004219-2019 BUILDING PERMIT
  INTERIOR REMODEL OF COMMERCIAL BLDG TO REMOVE CASUAL DINING; REMOVE ALL FOOD SERVICE; ADD WALK-IN BEER COOLER; RECONFIGURE SALES FLOOR & REPLACE SHELVING; RECONFIGURE OF CHECK LANES AND ADD EXPRESS CHECKOUTS; RELOCATION & ADDITION OF MID TEMP DAIRY & MEAT CASES. PLEASE CALL 286-5831 FOR FRAMING AND FINAL INSPECTIONS.
09/18/2019 PLMC-004203-2019 BUILDING PERMIT
  INTERIOR REMODEL OF COMMERCIAL BLDG TO REMOVE CASUAL DINING; REMOVE ALL FOOD SERVICE; ADD WALK-IN BEER COOLER; RECONFIGURE SALES FLOOR & REPLACE SHELVING; RECONFIGURE OF CHECK LANES AND ADD EXPRESS CHECKOUTS; RELOCATION & ADDITION OF MID TEMP DAIRY & MEAT CASES. PLEASE CALL 286-5831 FOR FRAMING AND FINAL INSPECTIONS.
08/28/2019 MECC-003115-2019 BUILDING PERMIT
  INTERIOR REMODEL OF COMMERCIAL BLDG TO REMOVE CASUAL DINING; REMOVE ALL FOOD SERVICE; ADD WALK-IN BEER COOLER; RECONFIGURE SALES FLOOR & REPLACE SHELVING; RECONFIGURE OF CHECK LANES AND ADD EXPRESS CHECKOUTS; RELOCATION & ADDITION OF MID TEMP DAIRY & MEAT CASES. PLEASE CALL 286-5831 FOR FRAMING AND FINAL INSPECTIONS.
07/12/2019 BLDC-000655-2019 REMODEL/ALTERATION
  INTERIOR REMODEL OF COMMERCIAL BLDG TO REMOVE CASUAL DINING; REMOVE ALL FOOD SERVICE; ADD WALK-IN BEER COOLER; RECONFIGURE SALES FLOOR & REPLACE SHELVING; RECONFIGURE OF CHECK LANES AND ADD EXPRESS CHECKOUTS; RELOCATION & ADDITION OF MID TEMP DAIRY & MEAT CASES. PLEASE CALL 286-5831 FOR FRAMING AND FINAL INSPECTIONS.
07/31/2013 SIGN-010055-2013 OFF PREMISE (B)
  New 5' 10" x 8' 7" digital pole sign "Hy-Vee - Electronic Message Center" *Dimmer function required for all digital signs Primary Lot Frontage (South)
08/09/2012 BLDG081553CR REPAIR
  ADDITION OF 7 EXTERIOR WINDOWS IN WEST EXTERIOR WALL OF COMMERCIAL BUILDING - PLEASE CALL 286-5837 FOR FRAMING-FINAL INSPECTIONS
01/31/2011 PLBG023415CR REMODEL
 
01/24/2011 PLBG023367CR REMODEL
 
01/10/2011 ELEC029629CR REMODEL
  REMODEL PHARMACY BLDG070661
10/25/2010 BLDG070661CR REMODEL
  INTERIOR REMODEL OF 1ST FLOOR OF COMMERCIAL BLDG, 1,062 SQ FT, FOR PHARMACY AND FRONT END OFFICE REMODEL. CALL 286-5837 FOR FRAMING & FINAL INSPECTIONS.
04/09/2008 ELEC021209CR REMODEL
  ADDED (2) 20 AMP CIRCUITS
03/12/2008 MECH017931CR REPAIR
 
04/17/2007 BLDG048024CR REMODEL
  PAID $240 FIRE FEE. INTERIOR REMODEL OF EXISTING COMMERCIAL BUILDING FOR PRODUCE AREA (REMOVE BAKERY/PREP AREA CONVERTING TO PRODUCE ALCOVE) - PLEASE CALL 286-5837 FOR FRAMING- FINAL INSPECTIONS
05/07/2003 22300 REMODEL/ALTERATION
 
06/25/2002 PLBG004018 PLUMBING ONLY
 
06/06/2002 WREK000150 DEMOLITION
 
04/16/2002 PLBG003658 MISC
 
04/16/2002 PLBG003657 MISC
 
03/12/2002 013710 ADDITION
 
02/19/2002 STRT000184 MISC
 
02/11/2002 PLBG003312 PLUMBING ONLY
 
01/29/2002 MECH003997 MISC
 
11/19/2001 011915 FOUNDATION ONLY
 
  Parcel Notes
Title Note
01/25/2002 NEW BLDG IN 2002. OLD BLDG AND PARKING LOT REMOVED 6/2002. CLG IS EXPOSED STL BEAM AND INSULATION THAT IS PAINTED. WALLS HAVE MTL, GLASSBOARD AND DRYWALL. FLRS ARE CONC WITH EXTRA SMOOTH FINISH AND THEN SEALED. MEZZ STORAGE IS LOCATED OVER COOLERS AND FREEZERS. OFFICE MEZZ IS LOW GRADE FINISH WITH NO CLG. ALL OF INTERIOR IS FINISHED. ONLY UNPAINTED AREA IS IN THE LOADING DOCK AREA.

OWNER OCCUPIED-SINGLE TENANT. *****LAND SF=82500. BUILDING SF=26954. L TO B RATIO3.06. GROCERY FINISHED= 26954 SF(100%). UNFINISHED=0 SF(0%).*** IBR 3/11/03-NO CHANGE. ***

*****2003 FALL BOARD OF REVIEW PETITION #58 - NO CHANGE*******

10/31/03 ADJUST FOR ADDED CEILING AREA, REMOVE PARTIAL DEDUCTION FOR NO CEILING - JMR ***

2005 BOARD OF REVIEW PETITION #692 NO CHANGE ***

2007 BOARD OF REVIEW PET #154- NO CHANGE

1-2008 INT REMOD - NAV - 4/1/08 JMR ***

2009 BOARD OF REVIEW PETITION #105 NO CHANGE.

1-2010 BOARD OF REVIEW PETITION #1215 NO CHANGE.

12/7/2010 WORK ON PHARMACY REMODEL NS-SP

1-2011 BOARD OF REVIEW PETITION #611. NO CHANGE. BW 5/27/2011

1/1/2012 ADD OMITTED DRIVE UP PNEUMATIC TUBE-PHARMACY NAV-BOR/SP

1-2012 BOARD OF REVIEW PETITION # 0256 WITHDRAWN.

1-2013 COMM REVAL 8/2/2012 SP

1-2013 BOARD OF REVIEW PETITION #510 - NO CHANGE - BW 5/23/2013

1-2013 APPEAL TO DISTRICT COURT EQCV78857 - BW 8/9/13

1-2014 DISTRICT COURT CASE #EQCV073134 - FINAL ORDER, JUDGMENT & DECREE FOR 2011 & 2012 VALUATION - ASSESSMENT TO BE $1,850,000 INCL PCLS 14222-13007-00000 & 14222-13008-00000; DIST COURT CASE #EQCV078857 - FINAL ORDER, JUDGMENT & DECREE FOR 2013 & 2014 VALUATION - ASSESSMENT TO BE $1,850,000 INCL PCLS 14222-13007-00000-00000 & 14222-13008-00000 - BW 10/20/2014

1-2015 BOARD OF REVIEW PETITION #0512 WITHDRAWN. NO ACTION TAKEN.

1-2017 REMOVE LOCATION ADJ- NO CHANGE 10/7/2016 SP

1-2017 COMM REVAL REMOVE COURT DECREE 1/13/2017 SP

2019 BOARD OF REVIEW PETITION #0114 NO CHANGE. DK

1-2020 REMOVED KITCHEN AND SEATING AREA. ADDED BEER COOLER & MOVED PRODUCE DEPT, NAV. 12/2/19 JKB

1-2021 NAV FOR COMMERCIAL LAND REVALUATION SEL

1-2022 GROCERY STORE REVIEW- STORE FULLY REMODELED END OF 2019. NO CEILING THROUGHOUT STORE. REMOVED SECURITY SYSTEM & DOCK HIGH FLR ADJ. ADDED SEAL TO OVERHEAD DOOR, CHANGED MEZZ- WHSE-OFFICE TO MEZZ FINISH (NO AC) & ADDED AC ADJ. CORRECTED PLUMBING & CHANGE GRADE FROM 4+5 TO 3-10. INSPECTED 6/8/2021 AS

1-2023 BOARD OF REVIEW PETITION #1658 NO CHANGE 5/23/23 DMK

  Tax Information
Assessment Year Taxes Payable Assessed Value Taxable Value Gross Tax Net Tax
2023 2024-2025 $2,280,400.00 $1,986,874.00 $75,872.00 $75,872.00
2022 2023-2024 $2,266,700.00 $1,987,005.00 $76,686.00 $76,686.00
2021 2022-2023 $2,176,300.00 $1,958,670.00 $74,958.57 $72,116.00
2020 2021-2022 $2,225,300.00 $2,002,770.00 $78,336.00 $75,254.00
2019 2020-2021 $2,225,300.00 $2,002,770.00 $78,124.00 $75,128.00
2018 2019-2020 $2,225,300.00 $2,002,770.00 $75,844.00 $72,690.00
2017 2018-2019 $2,225,300.00 $2,002,770.00 $75,469.00 $72,338.00
2016 2017-2018 $1,787,086.00 $1,608,377.00 $61,516.00 $58,148.00
2015 2016-2017 $1,787,086.00 $1,608,377.00 $61,461.00 $58,100.00
2014 2015-2016 $1,787,086.00 $1,608,377.00 $61,406.00 $59,000.00
2013 2014-2015 $2,000,174.00 $1,900,165.00 $72,733.00 $71,808.00
  Sketch
  • Sketch for PIN 14222-13001-00000
    Sketch for PIN 14222-13001-00000
  • Sketch for PIN 14222-13001-00000
    Sketch for PIN 14222-13001-00000