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    Property profile & analytics

    221-223 4Th St Waterloo, IA 50703

    • Office Properties & Spaces
    • 10,488 SF
    • 0.13 lot acres
    For Sale
    View listing
    $485,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 221-223 4Th St

    Year built
    1953
    Lot size
    0.13 lot acres
    Property size
    10,488 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional 10,488-square-foot office building, situated in the heart of Downtown Waterloo, Iowa, presents a compelling investment opportunity. Built in 1953 and renovated in 1959, the property boasts three levels of versatile space. The lower level comprises a welcoming reception area, over fifteen individual offices, a spacious break room complete with a full kitchen, a convenient storage room, and a dedicated conference room. The main level features a central hallway leading to three private office suites

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3354
    Latitude
    42.4987

    Comparable in this City

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      112 4Th St

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      604 Lafayette St

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      11,880 SF

      2535 Midport Blvd

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      2535 Midport Blvd, Waterloo, IA 50703
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      6,992 SF

      216 4Th St

      Office Properties & Spaces • 6,992 SF
      216 4Th St, Waterloo, IA 50703
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    • Value Estimation by Request
      1,942 SF

      2073 Logan

      Lifestyle centers • 1,942 SF
      0 2073 Logan, Waterloo, IA 50703
      View Details

    Similar Nearby for Sale

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      Downtown Waterloo Office Building

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    Similar Nearby for Lease

    • $46 SF/Yr
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      Downtown Waterloo Office Space

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      Downtown Waterloo Retail Space

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    • $5 SF/Yr
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      Waterloo Industrial Space For Lease

      Versatile industrial property in Waterloo's established industrial corridor.
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    • $4 SF/Yr
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      Warehouse Space for Lease in Waterloo

      6,400 SF Warehouse - Excellent Location
      1800 Burton Ave, Waterloo, IA 50703
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    221-223 4Th St
    Waterloo, IA 50703
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    Realmo Value Estimation

    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.

    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.

    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
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