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Two-Building Flex Property

3050 Wagner Road, Waterloo, IA 50703

For Lease
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Warehouse, shop, and office areas are supported by three-phase power, air-loop service, and fiber and coax connectivity.

Space SizeContact for details
Days on Market9

Property Features for 3050 Wagner Road

General Information

Standard status Active
Zoning M2

Taxes and HOA fees

Annual Taxes $15,018

Building Details

Year Built 1962
Listing Agency: Berkshire Hathaway Home Serv
Listed By: Brandie White · License #S68887000
Source: Brandiewhite.idxbroker
Added: Oct 30 Last Checked: Nov 6 at 5:16AM

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 Home Serv

Rey
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Investment Insights

Based on property information with market context.

This flex property spans 3.05 acres and includes two buildings with a combined area of more than 23,000 square feet. The primary building contains 19,865 square feet of warehouse and office space, while a separate 3,200-square-foot building adds warehouse or shop area. Building features include three-phase power, an air loop system, multiple overhead doors, newer HVAC systems, and a new roof on the main building. The main building is sprinklered, and system updates have been made. Fiber and coax service are available.

At the Wagner Road and Airline Highway corner, the property has two access points and truck circulation. Hwy 218, Hwy 63, rail service, and the airport are nearby. The site is to be delivered vacant at closing, allowing for occupancy or reconfiguration.

Key Highlights

  • Two buildings totaling more than 23,000 square feet on 3.05 acres
  • Main building offers 19,865 SF of sprinklered warehouse and office space
  • Separate 3,200 SF warehouse building

Property Analytics

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

61
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
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Market

Lease Benchmarks for Waterloo, IA

$5.98 /SF/Yr
Avg Asking Price
$3.56–$11.52 /SF/Yr
Price Range
14,200 SF
Avg Space Size

Average Price Trend$/SF/Yr for Flex space in Black Hawk County, IA

$4.69 Jul
$6.14 Aug
$5.62 Sep
$6.04 Oct

Properties on Market for Flex space in Black Hawk County

Jul
Aug
Sep
Oct

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 - Warehouse, shop, and office areas are supported by three-phase power, air-loop service, and fiber and coax connectivity.
Where is this flex space located?
The property is located at 3050 Wagner Road Waterloo, IA.
What are key features of this property?
This property features: Two buildings totaling more than 23,000 square feet on 3.05 acres; Main building offers 19,865 SF of sprinklered warehouse and office space; Separate 3,200 SF warehouse building
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