Property profile

1009 23rd St Cedar Falls, IA 50613

OFF-MARKET
Retail space
Property ID
US25-2328224
21,388 SF 0.93 ac lot Built 1962
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Total area 21,388 SF
Lot 0.93 ac (40,293 SF)
APN 8914-14-430-058
UPID US25-2328224

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Post Office
  • Atm

Location

1009 23rd St Cedar Falls, IA 50613-3550
Cedar Falls metro Census 2304 WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.19M
Blend (final) Blend
$2.35M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $2.1M +52.4%
Office building $1.5M +7.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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