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Property profile

1250 David St Waterloo, IA 50703

OFF-MARKET
Commercial real estate
Property ID
US25-0213614
View Sample
3,740 SF 0.45 ac lot Built 1920
Entity Owned 1-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional 4,540 square foot industrial property, situated on a sizable 0.45-acre corner lot in Waterloo, IA, presents a compelling investment or business opportunity. The building boasts multiple bays, ideal for storage or automotive repair, and includes a valuable attached paint booth. A newly installed radiant heat system ensures comfortable year-round operation. The property also features convenient bathroom facilities and running water. Significant external storage space is provided by a fully fenced lot, offering ample room for equipment or materials. In addition to the main level's 4,540 square feet, there is approximately 1,000 square feet of above-ground space, plus a walk-up attic, providing further potential for expansion or storage. The property's location at 1250 David Street offers excellent visibility and accessibility. The sale includes the real estate

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 3,740 SF
Lot 0.45 ac (19,500 SF)
APN 8913-14-404-022
UPID US25-0213614

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
  • Car Wash

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$110,000
2 recorded transactions
2025
$110,000
2013
$52,000

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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