Financial
Distress signals
Property profile

1916 Mitchell Ave Waterloo, IA 50702

OFF-MARKET
Retail space
Property ID
US25-0244199
6,379 SF 0.35 ac lot Built 1963
Last sale Mar 2022 · $290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This Waterloo retail property includes multiple leasable suites with individual sizes ranging from approximately 1,200 to 2,730 square feet, configured to support smaller retail concepts as well as sales or service businesses. The building is located on E. Mitchell Avenue at its intersection with US Highway 218, a corridor reported to have approximately 26,900 ADT, at 1916 E Mitchell Ave, Waterloo, IA 50702.

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?
$7k
Tax billed · 2023
Assessed value · 2024$261k
Assessed land$45k
Assessed improvement$216k
Effective rate2.80%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$190k

Realmo valuation models over county records and 3 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 comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency28.5
Law Firm20.3
Wholesale Shop15.8

Location

1916 Mitchell Ave Waterloo, IA 50702-1815
County assessor Recorded deeds · 1 transfer 3 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
2602 Xrds, Waterloo, IA 50702-4412 $7,250,000 Jun 2025 8,960 SF
931 5th, Waterloo, IA 50702 $275,000 Jan 2024 8,785 SF
320 Laporte, Waterloo, IA 50702 $330,000 Jan 2022 9,744 SF
3804 Hammond, Waterloo, IA 50702-5618 $225,000 Jul 2021 4,608 SF
2532 Xrds, Waterloo, IA 50702-4414 $279,000 Jun 2021 8,573 SF
3121 Kimball, Waterloo, IA 50702-5252 $369,500 Jun 2020 6,739 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1916 Mitchell Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message