Mixed-Use Suite with Shared
930 Viking Road #Suite 105, Cedar Falls, IA 50613
For Sale
Contact for pricing
The 2023-built space includes a sprinkler system and access to a shared parking lot.
Property Size6,022 SF
Price / SF$0.00
Days on Market418
Property Features for 930 Viking Road #Suite 105
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Sprinkler System
Taxes and HOA fees
Annual Taxes
Amenities
scenic lake with a walking trail
Building Details
Building Size
Year Built
Listing Agency:
Vine Valley Real Estate
(319) 249-5468
Listed By:
Emsad Begic · License IA B56539000
(319) 239-8663
Source:
Mainrealty
Added: Sep 18, 2025
Changed: Nov 9
Last Checked: Nov 8 at 2:50PM
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 Vine Valley Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 105 at Viking Plaza comprises 6,022 square feet of mixed-use space. Built in 2023, the property has a sprinkler system and shared parking. The zoning designation is PC-2.
The suite is on Viking Road in Cedar Falls. Viking Plaza includes coffee shops, fitness facilities, and hair and nail salons, with a lake and walking trail behind the building.
The suite is on Viking Road in Cedar Falls. Viking Plaza includes coffee shops, fitness facilities, and hair and nail salons, with a lake and walking trail behind the building.
Key Highlights
- 6,022 square feet of mixed‑use space
- Built in 2023
- Zoned PC‑2
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,747
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,194,940
$1.2M
Cap Rate 7%
$853,529
$853.5K
Cap Rate 9%
$663,856
$663.9K
Market Conditions
NOI Build-Up for 6,022 SF
Gross rent
$93.2K $15.48/SF
− Vacancy
−$7.9K −$1.31/SF
EGI
$85.4K $14.17/SF
− OpEx
−$25.6K −$4.25/SF
NOI
$59.7K $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%
$1,194,940
Cap Rate 7%
$853,529
Cap Rate 9%
$663,856
Alternative Uses
Best Use
Retail
$853.5K
$746.8K – $995.8K
NOI $59,747 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,818 @ 7.0% cap
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
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Hotels & Casinos 10%
Cedar Falls #3
Shops & Services
15,718 visits/mo
0.5 miles
Americinn Lodge and Suites Cedar Falls
Hotels & Casinos
1,046 visits/mo
0.5 miles
Suburban Studios Cedar Falls
Hotels & Casinos
865 visits/mo
0.4 miles
Red Dot Storage
Shops & Services
553 visits/mo
0.1 miles
Red Dot Storage
Shops & Services
404 visits/mo
0.4 miles
Demographics for 50613, IA
43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
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 2023-built space includes a sprinkler system and access to a shared parking lot.
Where is this mixed-use property located?
The property is located at 930 Viking Road #Suite 105 Cedar Falls, IA.
What are key features of this property?
This property features: 6,022 square feet of mixed‑use space; Built in 2023; Zoned PC‑2
