Commercial Real Estate Market in Waterloo, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 243 off-market properties in Waterloo, NE.
Market Trends
Waterloo, NE spans 29.8 square miles in Douglas County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waterloo, NE runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Waterloo, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Waterloo, NE runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Waterloo, NE runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 70.2%
- Residential 13.3%
- Industrial 11.6%
- Commercial 4.9%
Largest Zones share of zoned land by district
Agricultural
Industrial And Manufacturing
Medium Density Residential
Business And Commercial
Low Density Residential
Agricultural (AG)
B. Civic uses located within AG or residential districts may apply for a special use permit to allow signage per C requirements Table I Permitted Sign Types by Zoning Districts Key: P = Permitted for all uses P (C) = Permitted for civic uses only N = Not permitted Sign Types AG R-1 R-2 C I Detached Signs Residential P P P N N Business Identification P P(C) P…
Market overview
Demographics & Economy
Waterloo, NE has 2,854 residents in 1,476 households. Density runs 96 people per square mile. Median household income here is $113,442 and median gross rent $1,142 a month.
2,854
Population
1,476
Households
1.9
Avg Household Size
50
Median Age
43%
College-Educated
98%
High-School Grad
29.8 sq mi
ZIP Area
96
Density / Sq Mi
$113,442
Median Household Income
$48,750
Median Earnings
$1,142
Median Rent
$351,700
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
How much does it cost to lease commercial space in Waterloo?
Asking lease rates in Waterloo, NE average $24.00 per square foot per year.
Where does Realmo's Waterloo market data come from?
Realmo compiles Waterloo, NE figures from 3 recent recorded sales, 13 active sale listings, 2 active lease listings, 243 tracked off-market properties, the current Waterloo zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 2 active for-lease listings in Waterloo, NE. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,507 zoned acres across 5 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
