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
Who owns this building?
See the owner, sales and loan history
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
View Realmo Analytics
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
