1510 SW 4Th St Waverly, IA 50677
For Sale
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This exceptional 8,960 square foot commercial property in Waverly, Iowa, presents a unique investment opportunity. Situated on a 1.4-acre lot, this prime location boasts high visibility and easy access, positioned next to Goodwill and across from Roling Chevrolet. The property benefits from its location within a rapidly growing commercial corridor, surrounded by major brands including Starbucks, Aldi, Taco Bell, and Champion Xpress Car Wash, all within a one-mile radius. The building itself offers a versatile layout, including five offices suitable for administrative or professional use, a showroom area ideal for product displays, a breakroom, and a bathroom. Additional features include an attached garage/storage area and a separate 5,760 square foot warehouse building, providing ample space for storage, light operations, or production. This property is perfect for businesses requiring a combination of retail, office, and warehouse space, offering significant potential for growth and success in a thriving commercial area. The property's strategic location and substantial space make it an exceptional investment opportunity in a dynamic and expanding market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.