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Climate-Controlled Flex Suites
For Sale
$137,500

2811 Geraldine Road, Waterloo, IA 50703

Commercial Sale, Waterloo, IA

Property SizeContact for details
Lot Size1.97 Acres
Days on Market151

Property Features for 2811 Geraldine Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning M-1
Directions Off of Geraldine Road in Waterloo.
Standard status Active
APN 891308226015
Lot size 1.97 Acres

Additional Details

Property Use Self Storage

Taxes and HOA fees

Tax Year 2024
Tax Description SOUTH PORT 2ND ADDITION LOT 6
Tax Annual Amount 4225
Legal Description SOUTH PORT 2ND ADDITION LOT 6

Building Details

Year built 2023
Listing Agency: Lockard Realty Company
Listed By: Lindsey McEnaney · License #S70812000
Added: Jun 2 Changed: Oct 28 Last Checked: Oct 30 at 6:06PM
MLS# 20262431

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2023, these flex suites are configured for storage or business use. Each measures 25' x 50' and has 16' side walls, a 12' x 14' overhead door, a floor drain, and a bathroom. Climate control and insulated walls are provided throughout, with separate electric and water meters for each suite. The property is zoned M-1.

The site is on Geraldine Road between Cedar Falls and Waterloo, near Highway 218 and Waterloo Regional Airport.

Key Highlights

  • Individual suites measure 25' x 50'
  • 12' x 14' overhead door in each suite
  • 16' side walls and a floor drain per suite

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Storage Facility Parking Lot & Garage Carpet & Flooring Store Kitchen & Bath Showroom Real Estate Agency

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50703, IA

18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Each suite offers a private bathroom, floor drain, and separately metered electric and water service.
Where is this flex space located?
The property is located at 2811 Geraldine Road Waterloo, IA.
What is the asking price?
The asking price for this property is $137,500.
What are key features of this property?
This property features: Individual suites measure 25' x 50'; 12' x 14' overhead door in each suite; 16' side walls and a floor drain per suite
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Includes: Price & PSF · Cap rate · Location · Zoning

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