4th St Waverly, IA 50677
This exceptional 0.8-acre commercial lot presents a remarkable investment opportunity in Waverly, Iowa. Located in the thriving 4th Street SW Business District, this property boasts unparalleled visibility due to its strategic placement near Highway 218. The C-2 zoning allows for a diverse range of commercial uses, making it ideal for restaurants, retail establishments, sales/service businesses, or office spaces. The site benefits from high traffic counts and easy access, enhanced by a convenient median opening for ingress and egress. Its proximity to numerous national retailers ensures significant exposure and a strong customer base. The lot's size is 0.8 acres, with a land value of $10 per square foot, and the asking price is $348,480. The property's APN is 0910400074. This location offers an exceptional chance to establish a successful business in a vibrant and growing community. Don't miss this opportunity to secure a prime commercial property in a high-traffic area with excellent visibility and convenient access. The address is Lot A SW 4th Street, Waverly, IA 50677.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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