2011 Fls Ave Waterloo, IA 50701-2359
This 1,974 square foot Class A commercial property at 2011 Falls Ave, Waterloo, IA 50701, is a single-tenant building offering exceptional flexibility. Built in 1961 and renovated in 2001, this one-story structure sits on a 0.23-acre lot (10,000 sq ft) and is zoned C1. The property boasts a variety of potential uses, including traditional office, coworking, creative office, executive office, warehouse, and flex space. Currently vacant, it's immediately available for occupancy. The building features eight parking spaces and an ADA-compliant bathroom. Its prime Falls Avenue location provides excellent signage opportunities and convenient access. The estimated annual NNNs are $3.58 per square foot. This property presents a unique opportunity for businesses seeking a versatile, affordable, and conveniently located space in Waterloo, Iowa. The building's adaptable layout allows for various configurations, making it suitable for a wide range of businesses, from professional services to light industrial uses. Its combination of office and potential warehouse space provides a unique advantage in the market. The ample parking further enhances its appeal. Don't miss this chance to secure a prime location for your business.
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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.