Financial
Distress signals
Property profile

6027 University Ave Cedar Falls, IA 50613

FOR SALE
Retail space
Property ID
US25-0242006
17,910 SF 1.96 ac lot Built 1976
Last sale Apr 2019 · $1,475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 4,303-square-foot industrial space configured for flexible use, with options suited to storage, light industrial, or mixed-use operations. The unit provides 13-foot clear heights, a 12-foot by 12-foot overhead door for warehouse access, and a floor drain to support day-to-day activity requirements. The property includes ample on-site parking and is located near University Avenue, providing convenient access to major commercial retail areas. Co-tenants reported in the building include Simpsons Floor Covering, an Apple Reseller, and iTech.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$52k
Tax billed · 2023
Assessed value · 2024$1.79M
Assessed land$740k
Assessed improvement$1.05M
Effective rate2.91%

Value estimate

· Sep 2026
$1.26M
$1.13M – $1.39M
Submarket $/SF estimate$1.08M
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 321,750.00% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$65/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$31 – $102

Cap rate analysis

How does the asset earn?
321,750.00%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBLACK HAWK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.9
Kitchen & Bath11.3
Pharmacy10.4

Location

6027 University Ave Cedar Falls, IA 50613
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1620 1st, Cedar Falls, IA 50613-1763 $556,500 Jun 2023 4,587 SF
6322 University, Cedar Falls, IA 50613-5218 $750,000 Mar 2022 14,484 SF
5911 University, Cedar Falls, IA 50613-5566 $7,418,000 Feb 2022 65,473 SF
309 Main, Cedar Falls, IA 50613-2720 $340,000 Mar 2021 4,555 SF
3400 Hudson, Cedar Falls, IA 50613-6708 $125,000 Mar 2020 9,828 SF
205 Main, Cedar Falls, IA 50613-2754 $435,000 Feb 2019 7,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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