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    2532 Crossroads Blvd Waterloo, IA 50702

    Sponsored
    For Lease
    $7 SF/Yr ($4,196 /Mo)

    Prime 6,714 SF Retail Space, Redevelopment Potential

    Lot size:
    6,714 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,714 square foot single-tenant retail space presents a unique redevelopment opportunity. Situated on a 2.5-acre lot (108,900 square feet) at the Crossroads Mall, this property boasts high visibility and convenient access. The existing structure, built in 1970, features a drive-thru canopy, a prominent pole sign, and extensive paved areas exceeding 65,000 square feet. Currently vacant, this property is zoned S-1 and offers significant potential for various retail uses, including executive, medical, or creative office spaces. The property's location next to Marcus Theatres ensures high foot traffic and strong brand recognition. The seller is willing to negotiate improvements for qualified lease terms, making this an attractive investment for developers or businesses seeking a prominent location. The property's APN is 881302426008, located in Black Hawk County. This is a rare chance to acquire a substantial retail site in a high-traffic area with significant redevelopment potential. The single-building property offers flexibility and control, allowing for customized development to meet specific business needs. The ample parking and existing infrastructure further enhance the property's appeal.

    Property Features for 2532 Crossroads Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,714 SF
    Total Rate
    4196.25

    Building Details

    Year Built
    1970
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    6,714 SF
    Rate per SF
    $7

    HighLights

    • 6,714 SF single‑tenant retail/office building available for lease or sale.
    • Located on a 2.5‑acre lot (108,900 SF) at Crossroads Mall.
    • Features a drive‑thru canopy and prominent pole sign.
    • Building built in 1970, with over 65,000 SF of paved surface.
    • Zoned S‑1 in Black Hawk County, APN 881302426008.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.323207047406
    Latitude
    42.459672047552

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    FAQs

    What type of property is this?
    Office space - Prime 6,714 SF Retail Space, Redevelopment Potential
    Where is this office space located?
    The property is located at 2532 Crossroads Blvd Waterloo, IA.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 6,714 SF single-tenant retail/office building available for lease or sale.; Located on a 2.5-acre lot (108,900 SF) at Crossroads Mall.; Features a drive-thru canopy and prominent pole sign.
    Request Owner's contact information
    2532 Crossroads Blvd Waterloo, IA 50702
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    Waterloo, IA 50702
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    Realmo Value Estimation

    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.

    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.

    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
    2532 Crossroads Blvd Waterloo, IA 50702
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