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2020 NW 3rd Avenue, Waverly, IA 50677

Land, Waverly, IA

Property SizeContact for details
Lot Size1.39 Acres
Days on Market1

Property Features for 2020 NW 3rd Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Elementary school Waverly / Shellrock
Middle school Waverly / Shellrock
High school Waverly / Shellrock
Standard status Active
APN 0904226016
Lot size 1.39 Acres

Taxes and HOA fees

Tax Description 04-91-14 WILLOW LAWN 2ND ADD SE FR PT LOT 2
Tax Annual Amount 682
Legal Description 04-91-14 WILLOW LAWN 2ND ADD SE FR PT LOT 2
Listing Agency: Century 21 Signature RE- Waverly · Century 21 Real Estate
Listed By: Timothy Lalk · License #S71966000
Added: Oct 5 Last Checked: Oct 5 at 10:06PM
MLS# 20264821

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1.39-acre commercial land parcel in Waverly comprises approximately 60,500+ square feet. Zoning is designated C, and current access is from the rear of the property.

Located at 2020 NW 3rd Avenue, the parcel is within Waverly, Iowa. Buyers should confirm access, utility availability, zoning details, and permitted uses with the City of Waverly.

Key Highlights

  • 1.39‑acre commercial land parcel
  • Approximately 60,500+ square feet of land
  • Zoned C

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Garden Center 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

246
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - The site has rear access and carries a commercial zoning designation.
Where is this commercial land located?
The property is located at 2020 NW 3rd Avenue Waverly, IA.
What are key features of this property?
This property features: 1.39‑acre commercial land parcel; Approximately 60,500+ square feet of land; Zoned C
More about this property
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