Property profile

4th St Waverly, IA 50677

OFF-MARKET
Land
0.8 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.8 ac (34,848 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4th St Waverly, IA 50677
Waverly metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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