Office and Retail
For Sale
Contact for pricing
925 W 5th Street, Waterloo, IA 50702
The property provides space for office and retail functions in Waterloo.
Property Size8,785 SF
Price / SF$0.11
Days on Market258
Property Features for 925 W 5th Street
General Information
Standard status
Active
Size
8,785 SF
Property subtype
Office/Retail
Additional Details
Property Use
Office/Retail
Taxes and HOA fees
Annual Taxes
$6,553
Building Details
Building Size
8,785 SF
Year Built
1923
Listing Agency:
AWRE-Commercial & Development
Listed By:
Phillip Shirk · License #B63101000
(319) 239-4446
Source:
Karensteffeshomes
Added: Feb 11
Changed: Oct 27
Last Checked: Oct 26 at 2:54PM
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 AWRE-Commercial & Development
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 925 W 5th Street in Waterloo, Iowa, this mixed-use property offers office and retail space. The building dates to 1923.
Shops, restaurants, and services are nearby.
Shops, restaurants, and services are nearby.
Key Highlights
- Office and retail space in one property
- Built in 1923
- Located at 925 W 5th Street in Waterloo, Iowa
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,160
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,743,200
$1.7M
Cap Rate 7%
$1,245,143
$1.2M
Cap Rate 9%
$968,444
$968.4K
Market Conditions
NOI Build-Up for 8,785 SF
Gross rent
$136.0K $15.48/SF
− Vacancy
−$11.5K −$1.31/SF
EGI
$124.5K $14.17/SF
− OpEx
−$37.4K −$4.25/SF
NOI
$87.2K $9.92/SF
Area
Black Hawk County, IA
Vacancy
8.44%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,743,200
Cap Rate 7%
$1,245,143
Cap Rate 9%
$968,444
Alternative Uses
Best Use
Mixed Use
$11.01M
$9.64M – $12.85M
NOI $770,884 @ 7.0% cap · market cap 81,145.68%
Second Best
Retail
$1.25M
$1.09M – $1.45M
NOI $87,160 @ 7.0% cap · market cap 9,174.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Dining 3%
Hotels & Casinos 2%
Home Improvements & Furnishings 2%
Kwik Trip
Shops & Services
31,406 visits/mo
0.4 miles
Dollar General
Shops & Services
5,711 visits/mo
0.1 miles
Firestone Complete Auto Care
Shops & Services
1,554 visits/mo
0.3 miles
Dairy Queen
Dining
1,358 visits/mo
0.3 miles
Econo Lodge Inn & Suites
Hotels & Casinos
922 visits/mo
0.5 miles
Demographics for 50702, IA
20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property provides space for office and retail functions in Waterloo.
Where is this mixed-use property located?
The property is located at 925 W 5th Street Waterloo, IA.
What are key features of this property?
This property features: Office and retail space in one property; Built in 1923; Located at 925 W 5th Street in Waterloo, Iowa
