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    36 Park Ln Waterloo, IA 50701

    For Sale
    $419,000

    Spacious Office Building, Great Location, Ample Parking

    Property size:
    3,472 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 3,472 square foot free-standing office building presents a unique opportunity in Waterloo, Iowa. Ideally situated for convenient access to Kimball Avenue, this property boasts a prime location and ample parking. The building offers a versatile layout, perfect for a variety of professional uses, particularly well-suited for medical practices. The main level offers a thoughtfully designed reception area and multiple offices, providing a professional and efficient workspace. In addition to the main level, a substantial 2,800 square foot lower level provides significant additional space, ideal for storage, expansion, or specialized functions. The 0.46-acre lot ensures ample parking for staff and clients. The building's existing configuration, with its multiple offices and reception area, makes it immediately ready for occupancy by a medical practice or similar business. However, its adaptable design allows for customization to suit a range of professional needs. This is a rare opportunity to acquire a well-maintained, free-standing office building in a highly desirable Waterloo location. The asking price of $419,000 reflects the exceptional value and potential of this property. Don't miss this chance to secure a prime commercial asset in a thriving community.

    Property Features for 36 Park Ln

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,472 SF
    Lot Size
    20,038 SF

    Building Details

    Year Built
    1973
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kemp Jeffrey A Physical Therapist Farid F. Manshadi, ... Sports Medicine Physician Physical Medicine & Rehab-Ia Sports Medicine Clinic Roland Carroll PHD Psychologist Dr. Roy Lidtke Podiatrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.35844
    Latitude
    42.46621

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Office Building, Great Location, Ample Parking
    Where is this office property / space located?
    The property is located at 36 Park Ln Waterloo, IA.
    What is the asking price?
    The asking price for this property is $419,000.
    (319) 234-5000
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    36 Park Ln Waterloo, IA 50701
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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
    36 Park Ln Waterloo, IA 50701
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