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Property profile & analytics
FOR SALE
Warehouses

1510 SW 4Th St Waverly, IA 50677

5,760 SF 6.48 ac lot Built 1994
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US25-1201065
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Construction FRAME
Total area 5,760 SF
Lot 6.48 ac (282,269 SF)
APN 09-10-276-014
UPID US25-1201065
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
$770k
Owner & transaction history
Cousin Properties LLC · 12 yrs held
Cousin Properties LLC
since 2014
3 recorded transactions
2024
Price N/A
2018
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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