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Flexible Build-to-Suit Flex Space
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199 NW 20th Street, Waverly, IA 50677

Open commercial layout supports a customized build-out for office, medical, retail, or service use.

Property Size92,326 SF
Price / SF$0.00
Days on Market2

Property Features for 199 NW 20th Street

General Information

Standard status Active
Size 92,326 SF
Property subtype Commercial
Zoning Commercial
Lease Type Net

Taxes and HOA fees

Annual Taxes $123,969

Amenities

6
92326

Building Details

Building Size 92,326 SF
Year Built 1969
Listing Agency: Intrepid Real Estate
Listed By: Kyle Steele
Source: Pinnaclerealtyia
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 2:00PM

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 Intrepid Real Estate

Investment Insights

Based on property information with market context.

This 6,480-square-foot flex space offers an open interior that can be configured around a business’s operational requirements. Build-to-suit options support customized improvements for office, medical, retail, service, showroom, and other commercial applications. The property may also be divided, allowing occupancy of more or less than the full building depending on space needs.

Located at 199 NW 20th Street in Waverly, Iowa, the property carries Commercial zoning and was built in 1969. Its adaptable footprint provides a straightforward starting point for a tailored commercial layout while retaining the flexibility to accommodate different business sizes and formats.

Key Highlights

  • 6,480 SF open flex space
  • Build‑to‑suit configuration for customized commercial use
  • Space can be divided to accommodate more or less than the full building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50677, IA

12,789
Population
5,053
Households
2.5
Avg Household Size
37
Median Age
41%
College-Educated
95%
High-School Grad
128.6 sq mi
ZIP Area
99
Density / Sq Mi
$82,950
Median Household Income
$39,065
Median Earnings
$880
Median Rent
$221,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Open commercial layout supports a customized build-out for office, medical, retail, or service use.
Where is this flex space located?
The property is located at 199 NW 20th Street Waverly, IA.
What are key features of this property?
This property features: 6,480 SF open flex space; Build‑to‑suit configuration for customized commercial use; Space can be divided to accommodate more or less than the full building
More about this property
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