2026 Bopp St Waterloo, IA 50702-2702
Property Lookup
Property profile & analytics
2026 Bopp St Waterloo, IA 50702-2702
- Strip malls
- 11,520 SF
- 1.25 lot acres
Property ID
US25-0290610
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Southtown Bar & Restaurant / Restaurant
Property Details for 2026 Bopp St
- Year built
- 1971
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.25 lot acres
- Property size
- 11,520 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 8813-01-301-001
- APU
- 881301301001
Description
This exceptional investment opportunity presents a 13,520-square-foot, single-story, multi-tenant retail building situated on a 54,406-square-foot lot in Waterloo, Iowa. The property, built in 1971 and renovated in 2020, boasts a Class A designation and features three suites totaling 7,700 net rentable square feet. Currently, the property has 33% occupancy, with one suite occupied by Southtown Bar & Restaurant, included in the $899,900 asking price. This suite can be purchased separately for $400,000, including equipment. Two additional suites are available. One, a 2,000-square-foot space, is leased until July 2024 at $1,500 per month. The other, a 5,200-square-foot corner unit, is leased at a graduated rate of $2,500 per month. The property benefits from a 10% cap rate and features rent bumps. The building is zoned M1 and offers significant potential for future growth and income. The lease type is Net, with a remaining lease term of one year until March 26, 2029. This is an ideal investment for those seeking a strong return in a desirable Waterloo location. The property's location and diverse tenant mix make it a compelling opportunity for long-term growth and profitability.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.3174
- Latitude
- 42.4648
- CBSA code
- 47940
- CBSA name
- WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,332
$314,860
$513,570
$828,430
-
$314,860
$513,570
$828,430
