Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4335 Texas Street Waterloo, IA 50702

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $220,000

    Operating corner convenience store in a quiet neighborhood.

    Type:Commercial/Industrial
    Property size:
    2,520 SF
    Lot size:
    0.42 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    27
    Last Refresh:
    Apr 1 at 10:47 pm

    Property Features for 4335 Texas Street

    General Information

    Standard status
    Active
    Size
    2,520 SF
    Lot size
    0.42 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1979

    We can help!

    Listing Contact
    Michael Rotsaert

    Listing agent Michael Rotsaert License #S67747000

    Listing office RE/MAX Concepts - Waterloo

    Listing date Mar 11, 2026

    Source Exitrealty

    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 RE/MAX Concepts - Waterloo

    Overview

    Corner Convenience Store Opportunity

    This is a corner convenience store opportunity for sale. The store is currently operating and located on a corner with two access points. It is situated in a location surrounded by businesses and a quiet neighborhood. The property has a size of 2520 square feet. The intended use of the property is for a convenience store. The property is located at 4335 Texas Street, Waterloo, IA 50702.
    Location Intelligence

    Current Use by Public Records

    Coin Cloud Bitcoin ... Atm The Snack Shack Grocery & Convenience Store Fresh Freddy’s Restaurant ATM (Kwik Stop) Atm Juicy’s Cheesesteaks Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Auto Repair Shop Hotel & Motel Auto Parts Store Skin Care Clinic Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3064
    Latitude
    42.4528

    Nearby Similar for Sale

    • $748,888

      Waterloo Commercial Building on University

      7,060 SF commercial building ideal for auto or flex use.
      3128 University Avenue, Waterloo, IA 50701
      View Details
    • $125,000

      Corner Commercial Property in Waterloo

      Commercial property with income, flexibility, and high traffic exposure.
      435 W Parker Street, Waterloo, IA 50703
      View Details
    • $125,000

      Functional Commercial Space in Waterloo

      Affordable, versatile commercial space with accessibility and value.
      440 W Parker Street, Waterloo, IA 50703
      View Details
    • $130,000

      Waterloo Investment Opportunity For Sale

      Investment opportunity in Waterloo with high traffic exposure.
      1927 Jefferson Street, Waterloo, IA 50702
      View Details
    • $1,100,000

      Waterloo Industrial Property on Wagner

      Versatile industrial property with warehouse, shop, and office space.
      3050 Wagner Road, Waterloo, IA 50703
      View Details
    • $648,900

      Versatile Commercial Property Near Highway

      31,721 SF commercial property with warehouse and office space.
      3130 W Shaulis, Waterloo, IA 50701
      View Details
    • $220,000

      Corner Commercial Building in Waterloo

      High-traffic corner commercial building with recent updates and investment potential.
      2101-2103 Falls Avenue, Waterloo, IA 50701
      View Details
    • $1,000

      Renovated Corner Suite in Waterloo

      Renovated 840 SF corner suite in high-traffic Waterloo location.
      2101 Falls Ave, Waterloo, IA 50701
      View Details
    • $189,900

      Downtown Waterloo Commercial Building

      4,475 sq ft commercial building in downtown Waterloo, Iowa.
      106 E 9 Street, Waterloo, IA 50703
      View Details
    • $249,900

      New Steel Warehouse Near Highway

      New Waterloo warehouse with flexible space and highway access.
      320 W 14th Street, Waterloo, IA 50702
      View Details
    • $189,900

      Waterloo Commercial Property For Sale

      Commercial property available in Waterloo, Iowa.
      504 Riehl Street, Waterloo, IA 50703
      View Details
    • $105,000

      Waterloo Flex Space Business Suites

      Flex space suites perfect for storage, small business, or hobbies.
      3318 Airline Highway unit: 1, Waterloo, IA 50703
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Operating corner convenience store in a quiet neighborhood.
    Where is this grocery and convenience store located?
    The property is located at 4335 Texas Street Waterloo, IA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Existing convenience store business opportunity.; **High‑visibility corner location with easy access.**; Surrounded by businesses and a quiet neighborhood.
    (319) 232-7100
    We can help!
    Listing Contact
    Michael Rotsaert
    Real Estate License ID: S67747000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!