Financial
Distress signals
Property profile

106 E 9Th St Waterloo, IA 50703

FOR SALE
Other warehouses
Property ID
US25-0276842
4,475 SF 0.22 ac lot Built 1945
Last sale Feb 2019 · $75,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial building with an area of 4,475 square feet, configured for uses such as storage or operation as a mechanic shop. It has convenient access to major highways. The front portion is laid out for business use, while the rear includes multiple garage doors that allow for indoor vehicle parking. A metal roof was recently installed.

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?
$2k
Tax billed · 2023
Assessed value · 2024$94k
Assessed land$12k
Assessed improvement$82k
Effective rate2.00%

Value estimate

· Sep 2026
$280k
$252k – $308k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 10.04% cap applied$20k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$32 – $82
Qualifying comparables5

Cap rate analysis

How does the asset earn?
10.04%
$20k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.0
Wholesale Shop16.2
Pharmacy16.0

Location

106 E 9Th St Waterloo, IA 50703
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales 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
2904 Janet, Waterloo, IA 50703-9635 $308,000 Apr 2022 6,000 SF
2365 Nene, Waterloo, IA 50703-9487 $285,000 Aug 2021 6,860 SF
2353 Airline, Waterloo, IA 50703-9624 $420,000 Jun 2021 5,000 SF
1420 Airline, Waterloo, IA 50703-9696 $1,000,000 Jun 2021 4,800 SF
2920 Janet, Waterloo, IA 50703-9635 $350,000 Apr 2021 7,000 SF
654 Cedar Bnd, Waterloo, IA 50703-1608 $151,000 Nov 2020 7,378 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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