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    2220 SW 4Th St Waverly, IA 50677

    For Sale
    $3,200,000

    COMMERCIAL - Waverly, IA

    Type:Office
    Lot size:
    19.65 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 8 at 10:06 pm

    Property Features for 2220 SW 4Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    C-2 / M-2
    APN
    0910400057
    Lot size
    19.65 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1973
    Flooring type
    Concrete
    Building materials
    Steel/ST Fram
    Roof type
    Metal

    Century 21 Signature Real Estate (319) 239-1281 [email protected]

    Listing agent Timothy Lalk (319) 352-1157

    Listing date Nov 11, 2025

    Copyright © 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land in Waverly

    This 19.65-acre commercial property is located in a rapidly growing district of Waverly. The site benefits from frontage on Fourth Street, dedicated turning lanes, and direct access to Highway 218, providing high visibility and accessibility. The property is situated among high-traffic retail and dining destinations, including a newly-built Starbucks, Taco Bell, and Aldi's. The property is zoned C-2 / M-2, offering flexibility for various development options. The location and zoning make it suitable for investors, developers, or business owners looking to capitalize on a dynamic commercial corridor. The property is located at 2220 SW 4th Street, Waverly, IA 50677, in Bremer County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waverly
    County
    Bremer
    State
    Iowa
    Longitude
    -92.477461
    Latitude
    42.703533

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    FAQs

    What type of property is this?
    Commercial land - 19.65-acre commercial property with high visibility and development potential.
    Where is this commercial land located?
    The property is located at 2220 SW 4Th St Waverly, IA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Largest prime commercial property in Waverly's rapidly growing district (19.65 acres).; - Strategic location with Fourth Street frontage, dedicated turning lanes, and direct access to Highway 218.; - Located among high-traffic retail and dining destinations (Starbucks, Taco Bell, Aldi's).
    (319) 352-1157
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2220 SW 4Th St Waverly, IA 50677
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