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    1209 Flammang Dr Waterloo, IA 50702

    Sponsored
    For Lease
    $18 SF/Yr ($18,831 /Mo)

    High-visibility Cedar Falls retail space.

    Lot size:
    12,215 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 12,215-square-foot retail center, built in 1993 and renovated in 2021, is located at 1209 Flammang Drive in Waterloo, Iowa (50702), at the corner of Flammang Drive and San Marnan Drive. The property sits on a 0.92-acre lot and features 51 parking spaces. Currently, one 1,866-square-foot end-cap suite is available, boasting an outdoor patio. This C-2 zoned property offers excellent visibility and high traffic counts, making it ideal for a variety of office or retail uses. The center benefits from strong co-tenancy with established businesses including Clean Laundry, QPS Employment Group, and BoxDrop Mattress. The property includes twelve suites in total. Estimated NNN expenses are $3.86 per square foot. The property's APN is 881302327020, and it's located in Black Hawk County, within the Cedar Falls submarket.

    Property Features for 1209 Flammang Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,215 SF
    Total Rate
    18831.46

    Building Details

    Year Built/Renovated
    1993/2021
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Retail 1
    Size
    1,866 SF
    Rate per SF
    $18

    HighLights

    • 12,215 SF single‑story retail center on a 0.92‑acre lot in Waterloo, IA.
    • Built in 1993, renovated in 2021, located at 1209 Flammang Dr. (50702).
    • 51 parking spaces and one available 1,866 SF end‑cap suite with patio.
    • C‑2 zoning, excellent visibility, high traffic counts.
    • Strong co‑tenancy with Clean Laundry, QPS Employment Group, and BoxDrop Mattress.
    • Twelve total suites; estimated NNN expenses are $3.86/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm Clean Laundry Laundromat BoxDrop Mattress & Furniture ... Mattress Store Merch Madness Discount Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.332211389668
    Latitude
    42.461759817372

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    FAQs

    What type of property is this?
    Restaurant - High-visibility Cedar Falls retail space.
    Where is this restaurant located?
    The property is located at 1209 Flammang Dr Waterloo, IA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 12,215 SF single-story retail center on a 0.92-acre lot in Waterloo, IA.; Built in 1993, renovated in 2021, located at 1209 Flammang Dr. (50702).; 51 parking spaces and one available 1,866 SF end-cap suite with patio.
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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
    1209 Flammang Dr Waterloo, IA 50702
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