Second-Floor Office
For Sale
Contact for pricing
999 Home Plaza, Waterloo, IA 50701
Second-floor office suite with four private offices, a dedicated conference room, and shared restrooms.
Property Size36,960 SF
Price / SF$0.01
Days on Market204
Property Features for 999 Home Plaza
General Information
Standard status
Active
Size
36,960 SF
Property subtype
Commercial
Zoning
R3
Lease Type
Net
Taxes and HOA fees
Annual Taxes
$126,919
Amenities
shared restroom facilities
elevator access
on-site parking
golf course views
2.84
36960
Building Details
Building Size
36,960 SF
Year Built
1979
Listing Agency:
GLD Commercial Real Estate Advisors
(319) 393-0900
Listed By:
Karrie Schultz · License #B63691000
(319) 540-1281
Source:
Pinnaclerealtyia
Added: Apr 3
Changed: Oct 16
Last Checked: Oct 20 at 6:24PM
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 GLD Commercial Real Estate Advisors
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.
This well-designed professional office suite is located on the 2nd floor and includes four private offices plus a dedicated conference room for client meetings and team collaboration. Shared restroom facilities and convenient elevator access support everyday operations.
The suite is part of an office setting with a large on-site parking area designed to accommodate both employees and visitors. Views overlook Sunnyside Golf & Country Club.
The layout is intended for organizations that need a mix of private office space and a dedicated conference room within a shared-use environment.
The suite is part of an office setting with a large on-site parking area designed to accommodate both employees and visitors. Views overlook Sunnyside Golf & Country Club.
The layout is intended for organizations that need a mix of private office space and a dedicated conference room within a shared-use environment.
Key Highlights
- 2.84‑acre property featuring a 36,960 SF office building (Year built: 1979)
- Second‑floor office suite layout includes 4 private offices and a dedicated conference room
- Shared restroom facilities with convenient elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,108
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,160
$162.2K
Cap Rate 7%
$115,829
$115.8K
Cap Rate 9%
$90,089
$90.1K
Market Conditions
NOI Build-Up for 1,238 SF
Gross rent
$14.3K $11.52/SF
− Vacancy
−$3.5K −$2.79/SF
EGI
$10.8K $8.73/SF
− OpEx
−$2.7K −$2.18/SF
NOI
$8.1K $6.55/SF
Area
Black Hawk County, IA
Vacancy
24.20%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,160
Cap Rate 7%
$115,829
Cap Rate 9%
$90,089
Alternative Uses
Best Use
Office B
$115.8K
$101.4K – $135.1K
NOI $8,108 @ 7.0% cap · market cap 73,709.09%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$1.55M
$1.36M – $1.81M
NOI $108,635 @ 7.0% cap · market cap 987,590.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 50701, IA
29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office suite with four private offices, a dedicated conference room, and shared restrooms.
Where is this office unit located?
The property is located at 999 Home Plaza Waterloo, IA.
What are key features of this property?
This property features: 2.84‑acre property featuring a 36,960 SF office building (Year built: 1979); Second‑floor office suite layout includes 4 private offices and a dedicated conference room; Shared restroom facilities with convenient elevator access
