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Flexible Industrial Space
For Sale
$1,100,000

3050 Wagner Road, Waterloo, IA 50703

Commercial Sale, Waterloo, IA

Property Size23,065 SF
Lot Size3.05 Acres
Price / SF$47.69
Days on Market48

Property Features for 3050 Wagner Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning M2
Directions Corner of Airline Highway and Wagner Rd
Standard status Active
APN 891303351014
Lot size 3.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See abstract
Tax Annual Amount 15018
Legal Description See abstract

Utilities

Utilities Water Available
Heating system Forced Air

Building Details

Year built 1962
Flooring type Concrete
Building materials Block
Roof type Membrane
Listing Agency: Berkshire Hathaway Home Services One Realty Centre · Berkshire Hathaway HomeServices
Listed By: Jared Hottle · License #S68688000
Added: Jul 28 Changed: Sep 5 Last Checked: Sep 13 at 11:06AM
MLS# 20263494

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 flexible industrial property spans two buildings on 3.05 acres. The primary structure contains 19,865 SF of warehouse and office space, while a separate 3,200 SF warehouse adds room for storage, shop functions, or additional occupancy. Improvements include a sprinkler system, concrete flooring, multiple overhead doors, 3-phase power, an air loop system, newer HVAC systems, and a new membrane roof on the main building. The buildings date to 1962 and use block construction.

The site occupies the corner of Wagner Road and Airline Highway in Waterloo, with two access points and circulation suitable for truck activity. It is near Hwy 218, Hwy 63, rail service, and the airport. Fiber and coax connectivity are available, and water is available at the property. The M2 zoning and vacant delivery provide flexibility for an owner-user, industrial operation, or reconfigured occupancy.

Key Highlights

  • 19,865 SF main building with warehouse and office areas
  • Separate 3,200 SF warehouse on the 3.05‑acre site
  • M2 zoning with vacant delivery at closing

Property Analytics

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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

62
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building industrial property with M2 zoning, office areas, warehouse capacity, and infrastructure for varied commercial operations.
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: 19,865 SF main building with warehouse and office areas; Separate 3,200 SF warehouse on the 3.05‑acre site; M2 zoning with vacant delivery at closing
More about this property
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