Property profile

1120 Franklin St Waterloo, IA 50703

OFF-MARKET
Retail space
Property ID
US25-0205474
7,000 SF 0.76 ac lot Built 1988
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Total area 7,000 SF
Lot 0.76 ac (33,018 SF)
APN 8913-25-135-020
UPID US25-0205474

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
  • Discount Store

Location

1120 Franklin St Waterloo, IA 50703-4426
Waterloo metro Census 700 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
$589k
Blend (final) Blend
$630k

Owner & transaction history

since 2025
2 recorded transactions
2025
$150,000
2025
$53,500

Zoning & alternative use

Top alternative use upside
Restaurant $695,000 +48.8%
Office building $475,000 +1.7%

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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