0 2073 Logan Waterloo, IA 50703
This vacant 1,942 square foot commercial property, located at 2073 Logan #1 in Waterloo, Iowa, presents a unique investment opportunity. The building, constructed in 1942, is classified as Class C and sits on a substantial 28,500 square foot lot. Currently vacant, this property offers flexibility for a variety of uses, permitted under C-2 zoning. The asking price is $800,000, translating to $411.95 per square foot. The property's address is 2073 Logan #1, Waterloo, IA 50703, situated in Black Hawk County. Its location offers proximity to medical facilities, adding to its appeal. The property is owned by a corporation and features an inside lot. This versatile space is ideal for redevelopment or repurposing, making it an attractive prospect for investors seeking a prime location in a growing area. The property's size and zoning provide ample opportunity for a range of commercial ventures. The substantial lot size also offers potential for future expansion or development. This is a rare chance to acquire a well-situated commercial property in Waterloo, Iowa.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.