Property profile

2210 Falls Ave Waterloo, IA 50701

FOR SALE
Retail space
Saved · see the list in your Dashboard
Property ID
US25-0426215
4,028 SF 0.23 ac Built 1967
Last sale May 2014·$115,000
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.
Market Trends Soon

Property summary

AI-generated overview

Suite A at 2210 Falls Avenue is a commercial space totaling 2,924 square feet, configured with a flexible interior layout. The suite is situated in Waterloo with frontage and exposure along Falls Avenue, and it was built in 1967. The space is arranged to support a range of uses, including retail, salon and beauty services, professional office, medical, and other specialty business uses, consistent with the property’s identified allowed use information.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$165k
Assessed land$40k
Assessed improvement$125k
Effective rate2.00%

Value estimate

· Nov 2026
$225k
$203k – $248k
AI approach$225k
NOI build-up
Gross scheduled income$13k
Vacancy & credit loss−$3k
Operating expenses−$2k
NOI$7k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$67/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$36 – $104
Qualifying comparables4

Cap rate analysis

How does the asset earn?
$7k 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
Dental Office13.8
Tailor Shop9.3

Location

2210 Falls Ave Waterloo, IA 50701
County assessor Recorded deeds · 3 transfers 4 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
316 3rd, Waterloo, IA 50701-1413 $180,500 Jan 2026 7,656 SF
935 Sheerer, Waterloo, IA 50701 $475,000 Dec 2023 6,912 SF
42 Tower Park, Waterloo, IA 50701-9012 $325,000 Dec 2022 7,200 SF
100 Fletcher, Waterloo, IA 50701-6104 $90,000 Dec 2022 2,220 SF
1900 Ridgeway, Waterloo, IA 50701-4501 $760,500 Apr 2019 4,750 SF
229 Sunnyside, Waterloo, IA 50701-2501 $7,241 Feb 2019 2,022 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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