Property profile

119 E 4Th St Cedar Falls, IA 50613

FOR SALE
Investment properties
Property ID
US25-0144973
12,400 SF 0.2 ac lot Built 1904
Entity Owned Free & Clear
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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

Current use

Occupant on record · Public records
  • Insurance Agency
  • High School
  • Corporate Office
  • Advertising Agency Marketing & Advertising

Location

119 E 4Th St Cedar Falls, IA 50613
Cedar Falls metro Census 2200 WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
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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

Zoning & alternative use

Top alternative use upside
Restaurant $1.1M +2.3%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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