Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    112 4Th St Waterloo, IA 50703
    Back to Search
    Property profile & analytics

    112 4Th St, Waterloo, IA 50703

    View on Map
    • Retail properties & Spaces
    For Lease
    $11 SF/Yr
    View Listing →
    Downtown Waterloo Office Space For Lease
    $11 SF/Yr

    Downtown Waterloo Office Space

    Historic Charm, Prime Location, 1500 sq ft

    112 4Th St, Waterloo, IA 50703
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 112 4Th St

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 1,500 square foot single-tenant office space is located at 112 E 4th St in the heart of historic downtown Waterloo, Iowa (zip code 50703). The property boasts exposed brick walls, high ceilings, and abundant natural light, creating a unique and inviting atmosphere. Suitable for a variety of businesses, including traditional office, executive office, creative office, retail, salon, barber shop, or showroom, subject to zoning, historic preservation requirements, and landlord approval. The space offers a prime location with excellent foot traffic. Common area maintenance (CAM) charges are $2.75 per square foot. This property presents a rare opportunity to establish a business in a vibrant and historic downtown setting. The building's character and central location combine to offer a compelling space for a discerning tenant. The open layout, enhanced by natural light and high ceilings, provides flexibility for various business configurations. Don't miss this chance to secure a space with undeniable charm and excellent visibility in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3362
    Latitude
    42.4977

    Comparable in this City

    • Value Estimation by Request
      1,942 SF

      2073 Logan

      Lifestyle centers
      0 2073 Logan, Waterloo, IA 50703
      View Details
    • Value Estimation by Request
      52,398 SF

      100 Park Ave

      Office Spaces
      100 Park Ave, Waterloo, IA 50703
      View Details
    • Value Estimation by Request
      1,942 SF

      2073 Logan Ave

      BAR, TAVERN
      2073 Logan Ave, Waterloo, IA 50703-1003
      View Details
    • Value Estimation by Request
      7,000 SF

      1314 Franklin St

      Individual retail properties
      1314 Franklin St, Waterloo, IA 50703
      View Details
    • Value Estimation by Request

      604 Lafayette St

      Office Spaces
      604 Lafayette St, Waterloo, IA 50703
      View Details
    • Value Estimation by Request
      10,488 SF

      221-223 4Th St

      Office Spaces
      221-223 4Th St, Waterloo, IA 50703
      View Details

    Similar Nearby for Sale

    • $800,000
      1,942 SF

      Waterloo Commercial Property: Prime Location

      Vacant C-Class building, high potential.
      0 2073 Logan, Waterloo, IA 50703
      View Details
    • $125,000
      0.15 Acres

      Functional Commercial Space in Waterloo

      Affordable, versatile commercial space with accessibility and value.
      440 W Parker St, Waterloo, IA 50703
      View Details
    • $189,900
      4,475 SF

      Downtown Waterloo Commercial Building

      4,475 sq ft commercial building in downtown Waterloo, Iowa.
      106 E 9Th St, Waterloo, IA 50703
      View Details
    • $465,000
      5,000 SF

      Corner Commercial Building in Waterloo

      5,000 SF commercial building on a large corner lot.
      1145 W Donald St, Waterloo, IA 50703
      View Details
    • Contact for pricing
      10,000 SF

      Versatile Warehouse/Flex Space Opportunity

      Functional warehouse/flex space with office, bathrooms, and mezzanine.
      3111 W Airline Hwy, Waterloo, IA 50703
      View Details
    • $189,900
      0.55 Acres

      Waterloo Commercial Property For Sale

      Commercial property available in Waterloo, Iowa.
      504 Riehl St, Waterloo, IA 50703
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      1,500 SF

      Downtown Waterloo Office Space

      Historic Charm, Prime Location, 1500 sq ft
      112 4Th St, Waterloo, IA 50703
      View Details
    • Contact for pricing

      Renovated Retail/Office Suites Near Park

      Prime retail/office suites in downtown Waterloo, across from Lincoln Park.
      425 Franklin St, Waterloo, IA 50703
      View Details
    • Contact for pricing
      14,874 SF

      Downtown Waterloo Retail/Office Suites

      Renovated retail/office suites in downtown Waterloo, across from Lincoln Park.
      425 Franklin St, Waterloo, IA 50703
      View Details
    • Contact for pricing

      Versatile Warehouse/Flex Space Available

      Functional warehouse/flex space with office, bathrooms, and mezzanine.
      3111 West Airline Hwy, Waterloo, IA 50703
      View Details
    • $1,200 /Mo
      3,485 SF

      Waterloo Commercial Space For Rent

      Warehouse/commercial space with updated office in high-traffic location.
      110 Vinton St, Waterloo, IA 50703
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    112 4Th St
    Waterloo, IA 50703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    112 4Th St, Waterloo, IA, 50703
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!