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Property profile & analytics
FOR LEASE
Grocery and convenience stores

1311 4Th St SW Waverly, IA 50677

54,622 SF 8.73 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Property ID
US25-1267640
Property summary
AI-generated overview

Village Square, located at 1311 4th St SW in Waverly, Iowa, presents a unique opportunity for retail businesses seeking a prominent location in Bremer County. This Class A retail center boasts a total of 5,400 square feet, currently entirely vacant and available for lease. The property sits on a generous 1.25-acre lot, offering ample space and visibility. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,200 square feet. Ideal for a variety of commercial uses, including restaurants, this property is perfectly situated to capitalize on the thriving Waverly market. The building's excellent condition and prime location ensure high visibility and accessibility for customers. With its strategic location and versatile space options, Village Square offers an exceptional opportunity for businesses seeking to establish or expand their presence in a vibrant community. The property is zoned for commercial use and is ready for immediate occupancy. Interested parties are encouraged to inquire about lease terms and availability. The zip code is 50677. The property is classified as a commercial retail space with multiple tenancy options.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1988
Total area 54,622 SF
Lot 8.73 ac (380,279 SF)
APN 09-11-101-016
UPID US25-1267640
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.17M
Owner & transaction history
Nk Waverly LLC
Nk Waverly LLC
since 2026
3 recorded transactions
2026
Price N/A
2026
Price N/A
2026
$561,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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