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    2530 University Ave Waterloo, IA 50701

    Sponsored
    For Lease
    $8 SF/Yr ($16,959 /Mo)

    Prime Waterloo office space, ideal for non-profit.

    Lot size:
    25,439 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 25,439 square foot, multi-tenant office building, located at 2530 University Ave, Waterloo, IA 50701, presents a unique leasing opportunity. Built in 1959 and situated on 2.62 acres, this C-2 zoned property (APN 891328227036) offers a 4,763 square foot suite currently available. The building is conveniently located in the University Avenue corridor, adjacent to New Maple Lanes. The available suite includes private offices, a meeting room, restroom, and reception area. Building amenities include shared boardroom, training rooms, secure storage, daily janitorial service, and an on-site property manager. This property is specifically designed for qualifying 501(c)(3) organizations, resulting in a highly favorable full-service lease rate of $8.00 per square foot. Tenant is responsible for suite janitorial services, internet, and phone. A total of 772 square feet is currently vacant within the building. This is an exceptional opportunity for a non-profit seeking a well-maintained and amenity-rich office space in a desirable Waterloo location. Contact us today to schedule a viewing.

    Property Features for 2530 University Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,439 SF
    Total Rate
    16959.33

    Building Details

    Year Built
    1959

    Unit(s) available at that property

    Space
    Suite 3
    Size
    4,763 SF
    Rate per SF
    $8

    HighLights

    • 25,439 SF multi‑tenant office building in Waterloo, IA.
    • 4,763 SF suite available for lease.
    • Located on 2.62 acres in the University Avenue corridor, near New Maple Lanes.
    • Building amenities include shared boardroom, training rooms, secure storage, and on‑site management.
    • Full‑service lease rate of $8.00/SF for qualifying 501(c)(3) organizations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alzheimer's Association Non-Profit Organization Waterloo Red Cross ... Non-Profit Organization Junior League of Waterloo-Cedar ... Non-Profit Organization Community Services Building Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.379469159217
    Latitude
    42.4964337236

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Waterloo office space, ideal for non-profit.
    Where is this office property / space located?
    The property is located at 2530 University Ave Waterloo, IA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 25,439 SF multi-tenant office building in Waterloo, IA.; 4,763 SF suite available for lease.; Located on 2.62 acres in the University Avenue corridor, near New Maple Lanes.
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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
    2530 University Ave Waterloo, IA 50701
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