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    2073 Logan Waterloo, IA 50703

    For Sale
    $800,000

    Vacant C-Class building, high potential.

    Property size:
    1,942 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This vacant 1,942 square foot commercial property, located at 2073 Logan #1 in Waterloo, Iowa, presents a unique investment opportunity. The building, constructed in 1942, is classified as Class C and sits on a substantial 28,500 square foot lot. Currently vacant, this property offers flexibility for a variety of uses, permitted under C-2 zoning. The asking price is $800,000, translating to $411.95 per square foot. The property's address is 2073 Logan #1, Waterloo, IA 50703, situated in Black Hawk County. Its location offers proximity to medical facilities, adding to its appeal. The property is owned by a corporation and features an inside lot. This versatile space is ideal for redevelopment or repurposing, making it an attractive prospect for investors seeking a prime location in a growing area. The property's size and zoning provide ample opportunity for a range of commercial ventures. The substantial lot size also offers potential for future expansion or development. This is a rare chance to acquire a well-situated commercial property in Waterloo, Iowa.

    Property Features for 0 2073 Logan

    General Information

    Property type
    Lifestyle centers
    Square Feet
    1,942 SF
    Class
    C

    Building Details

    Year Built
    1942

    HighLights

    • $800,000 asking price for a vacant 1,942 SF office/retail building.
    • C‑Class property with a 28,500 SF lot, located at 2073 Logan #1, Waterloo, IA 50703.
    • Building is vacant and features a $411.95/SF price.
    • 1942 construction, C‑2 zoning, and inside lot access.
    • APN: 891311476045; owned by a corporation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3379953
    Latitude
    42.5289142

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    FAQs

    What type of property is this?
    Lifestyle center - Vacant C-Class building, high potential.
    Where is this lifestyle center located?
    The property is located at 2073 Logan Waterloo, IA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: $800,000 asking price for a vacant 1,942 SF office/retail building.; C-Class property with a 28,500 SF lot, located at 2073 Logan #1, Waterloo, IA 50703.; Building is vacant and features a $411.95/SF price.
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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
    2073 Logan Waterloo, IA 50703
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