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    106 9Th St Waterloo, IA 50703

    Sponsored
    For Sale
    $169,900

    Vacant Industrial Building, 4,475 SF

    Property size:
    4,475 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 4,475 square foot vacant industrial flex space, located at 106 E 9th St, Waterloo, IA 50703, presents a compelling investment opportunity. The single-story, 1945-built building sits on a 9,700 square foot lot and features a 12-foot ceiling height. Currently vacant, the property offers immediate occupancy from July 27, 2024, and is ideal for storage, construction, or a small business. The building boasts a newer roof and ample parking with 25 spaces. The property is classified as Class C, with a net lease type, and is zoned for commercial use. The asking price is $169,900, translating to $37.97 per square foot. The property has two previous tenants and is being sold by the owners, Michael & Sherie Taylor. This stabilized investment opportunity provides a solid foundation for future growth and income generation. The property's location in Waterloo, Iowa, offers convenient access to transportation and local amenities. The sale includes the entire building and land.

    Property Features for 106 9Th St

    General Information

    Property type
    Flex space
    Square Feet
    4,475 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1945/2
    Buildings
    1
    Stories
    1

    HighLights

    • 4,475 SF vacant industrial flex space in Waterloo, IA.
    • Single‑story building on a 9,700 SF lot, built in 1945.
    • Available for immediate occupancy July 27, 2024.
    • Features a newer roof, 12' ceilings, and 25 parking spaces.
    • Class C building, net lease, commercially zoned; asking price $169,900 ($37.97/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.331264601067
    Latitude
    42.494362382741

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    FAQs

    What type of property is this?
    Flex space - Vacant Industrial Building, 4,475 SF
    Where is this flex space located?
    The property is located at 106 9Th St Waterloo, IA.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: 4,475 SF vacant industrial flex space in Waterloo, IA.; Single-story building on a 9,700 SF lot, built in 1945.; Available for immediate occupancy July 27, 2024.
    Request Owner's contact information
    106 9Th St Waterloo, IA 50703
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    Waterloo, IA 50703
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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
    106 9Th St Waterloo, IA 50703
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