Flex Property With Warehouse
For Sale
Contact for pricing
1910 CTR ST, Cedar Falls, IA 50613
Multi-use commercial property combines retail presentation with conditioned shop and warehouse areas.
Property Size4,906 SF
Price / SF$101.90
Days on Market52
Property Features for 1910 CTR ST
General Information
Standard status
Active
Size
4,906 SF
Class
A
Total Parking Spaces
40
Property subtype
Retail
Zoning
C-2
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
1933
Year Renovated
2020
Stories
2
Units
3
Tenancy
Single
Listing Agency:
Lockard Realty
Listed By:
Mike Taylor
Source:
Crexi
Added: Aug 26
Changed: Oct 7
Last Checked: Oct 16 at 8:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lockard Realty
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Investment Insights
Based on property information with market context.
Located at 1910 CTR ST in Cedar Falls, Iowa, this flex property contains 4,906 square feet of commercial space. The improvements include a retail-oriented storefront with basement area and heated, cooled warehouse and shop space. A separate building adds further utility through large overhead doors and additional enclosed area.
Concrete parking serves the property, while the varied spaces can accommodate equipment, vehicles, inventory, storage, or workshop operations. The property is zoned C-2 and was built in 1933, providing a combination of retail, service, and industrial-style functionality within one commercial holding.
Concrete parking serves the property, while the varied spaces can accommodate equipment, vehicles, inventory, storage, or workshop operations. The property is zoned C-2 and was built in 1933, providing a combination of retail, service, and industrial-style functionality within one commercial holding.
Key Highlights
- 4,906 SF flex property with retail, basement, warehouse, and shop areas
- Heated and cooled warehouse/shop space
- Additional building equipped with large overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,010
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,200
$440.2K
Cap Rate 7%
$314,429
$314.4K
Cap Rate 9%
$244,556
$244.6K
Market Conditions
NOI Build-Up for 4,906 SF
Gross rent
$35.9K $7.32/SF
− Vacancy
−$2.1K −$0.42/SF
EGI
$33.9K $6.90/SF
− OpEx
−$11.9K −$2.42/SF
NOI
$22.0K $4.49/SF
Area
Black Hawk County, IA
Vacancy
5.71%
Lease Rate
$7.32 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,200
Cap Rate 7%
$314,429
Cap Rate 9%
$244,556
Alternative Uses
Best Use
Warehouse
$4.96M
$4.34M – $5.79M
NOI $347,273 @ 7.0% cap · market cap 69.47%
Second Best
Industrial
$4.09M
$3.57M – $4.77M
NOI $285,990 @ 7.0% cap · market cap 57.21%
Theoretical Best
Mixed Use
$6.15M
$5.38M – $7.18M
NOI $430,502 @ 7.0% cap · market cap 86.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 50613, IA
43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Moment In Thyme — 819 Longview St, Cedar Falls, IA 50613
Frequently Asked Questions
What type of property is this?
Flex space - Multi-use commercial property combines retail presentation with conditioned shop and warehouse areas.
Where is this flex space located?
The property is located at 1910 CTR ST Cedar Falls, IA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 4,906 SF flex property with retail, basement, warehouse, and shop areas; Heated and cooled warehouse/shop space; Additional building equipped with large overhead doors
