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Flex Space with Warehouse Capacity
New
For Sale
$1,100,000

3050 Wagner Road, Waterloo, IA 50703

Two-building industrial property offers warehouse, shop, and office areas with strong utility infrastructure and flexible occupancy options.

Property Size23,065 SF
Lot Size3.05 Acres
Price / SF$47.69
Days on Market2

Property Features for 3050 Wagner Road

General Information

Standard status Active
Size 23,065 SF
Lot size 3.05 Acres
Zoning M2

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Three-Phase Power Yes
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $15,018

Building Details

Year Built 1962
Buildings 2
Listing Agency: Berkshire Hathaway HomeServices One Realty Centre
Listed By: Brandie White · License #S68887000
Source: Brandiewhite.idxbroker
Added: Aug 11 Changed: Aug 12 Last Checked: Aug 12 at 4:22AM

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 Berkshire Hathaway HomeServices One Realty Centre

Investment Insights

Based on property information with market context.

This M2-zoned flex property at 3050 Wagner Road includes two buildings totaling more than 23,000 square feet on 3.05 acres. The primary building contains 19,865 SF of sprinklered warehouse and office space, while a separate 3,200 SF warehouse adds room for storage, shop operations, or additional occupancy. Property improvements include a new roof on the main building, newer HVAC systems, multiple overhead doors, 3-phase power, and an air loop system.

The site occupies a corner along Wagner Road and Airline Highway in Waterloo’s established industrial corridor. Dual access points, truck-friendly circulation, and signage opportunities support commercial operations. The property is near Hwy 218, Hwy 63, rail, and the airport, with fiber and coax connectivity in place. It will be delivered vacant at closing, allowing immediate occupancy, reconfiguration, or division between users.

Key Highlights

  • Two‑building flex property totaling more than 23,000 square feet on 3.05 acres
  • Main building includes 19,865 SF of sprinklered warehouse and office space
  • Separate 3,200 SF warehouse for storage, shop use, or additional occupancy

Property Analytics

Current Use

Jerald Sulky Co Big Box & Wholesale Store The Scoop Feed & Supply (Bike/Boat/Book/etc) Store Amazon Counter - The Scoop ... Postal Service

Suggested Use

Top Pick Electrical Service Garden Center (Bike/Boat/Book/etc) Store Building Supply Kitchen & Bath Showroom Food Market

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
Sprinkler system
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby
Balanced
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building industrial property offers warehouse, shop, and office areas with strong utility infrastructure and flexible occupancy options.
Where is this flex space located?
The property is located at 3050 Wagner Road Waterloo, IA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑building flex property totaling more than 23,000 square feet on 3.05 acres; Main building includes 19,865 SF of sprinklered warehouse and office space; Separate 3,200 SF warehouse for storage, shop use, or additional occupancy
More about this property
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