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Climate-Controlled Flex Suite
For Sale
$137,500

2811 Geraldine Road Unit 1, Waterloo, IA 50703

Separate electric and water meters, a bathroom, and an overhead door support independent suite operations.

Property Size7,500 SF
Price / SF$18.33
Days on Market149

Property Features for 2811 Geraldine Road Unit 1

General Information

Standard status Active
Size 7,500 SF
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $4,225

Building Details

Building Size 7,500 SF
Year Built 2023
Listing Agency: AWRE-Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Karensteffeshomes
Added: Jun 2 Changed: Oct 27 Last Checked: Oct 27 at 3:56AM

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 AWRE-Commercial & Development

Rey
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Investment Insights

Based on property information with market context.

Built in 2023, this flex property offers suites measuring 25 by 50 feet. Each has a 12-by-14-foot overhead door, 16-foot side walls, a floor drain, insulated walls, and climate control. Separate electric and water meters and an in-suite bathroom serve each space.

The property is on Geraldine Road between Cedar Falls and Waterloo, with close access to Highway 218 and the Waterloo Regional Airport.

Key Highlights

  • Suites measure 25' x 50'
  • 12' x 14' overhead door in each suite
  • 16' side walls and a floor drain in every 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.

Location Intelligence

Trade Area within ½ mile

2
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 - Separate electric and water meters, a bathroom, and an overhead door support independent suite operations.
Where is this flex space located?
The property is located at 2811 Geraldine Road Unit 1 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: Suites measure 25' x 50'; 12' x 14' overhead door in each suite; 16' side walls and a floor drain in every suite
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