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    Property profile & analytics
    OFF-MARKET Estimated value $750,000
    Investment properties

    119 4th St, Cedar Falls, IA 50613-2825

    12,400 SF 0.2 ac lot Built 1904
    Entity Owned Free & Clear
    Property ID
    US25-0144973
    Property summary
    AI-generated overview

    This exceptional 6,200 square foot office space, located at 119 E 4th Street in Waterloo, Iowa, presents a unique opportunity for businesses seeking a vibrant and convenient location. Situated just one block from the heart of downtown Main Street, this property benefits from the energy and amenities of a thriving urban environment. The building, constructed in 1904, offers a blend of traditional and creative office space, perfect for a variety of business needs. The 12,400 square foot building is a two-story structure with a single-tenant occupancy, providing ample space and privacy. The available space includes multiple private offices and a convenient kitchenette. On-site parking is provided, accommodating 12 vehicles. While the building does not feature elevators, the two-story layout remains easily accessible. The surrounding area boasts a diverse mix of property types, including retail and multifamily residences, creating a dynamic and bustling atmosphere. This property is ideally suited for businesses seeking a prominent location with easy access to downtown amenities and a strong sense of community. The Black Hawk County location offers excellent accessibility and visibility. This is a rare opportunity to secure a substantial and well-located office space in a thriving downtown area.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1904
    Total area 12,400 SF
    Lot 0.2 ac (8,712 SF)
    APN 8914-12-401-003
    UPID US25-0144973
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ITM TwentyFirst Insurance Agency
    • Secondary Solutions High School
    • ITM TwentyFirst, LLC Corporate Office
    • Cedar Valley Classifieds Advertising Agency Marketing & Advertising
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $750k
    Owner & transaction history
    MMC PROPERTIES LLC
    MMC PROPERTIES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.1M +2.3%
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