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Property profile & analytics
FOR SALE
Warehouses

204 Ansborough Ave Waterloo, IA 50701

11,200 SF 24.36 ac lot Built 1986
Entity Owned Free & Clear
Property ID
US25-0260107
Property summary
AI-generated overview

This exceptional 53-acre site, located at 204 Ansborough Ave, Waterloo, IA 50701, presents a unique redevelopment opportunity in Black Hawk County. Currently zoned M1, it's planned for a major transformation into a Planned Unit Development (PUD). This prime location near the heart of Waterloo offers unparalleled potential for a vibrant mixed-use development, incorporating elements such as sports and entertainment venues, residential spaces, and commercial areas. The vision is to create a dynamic "live, work, play" environment, leveraging the site's proximity to natural resources, parks, and trails to enhance its appeal. This project aims to attract talent and industry, revitalizing the area and establishing a pivotal entertainment destination for the Cedar Valley. The existing National Cattle Congress intends to retain a portion of the land for its continued operations, ensuring year-round events and activities focused on agriculture, arts, education, and leisure. This collaborative approach offers a unique chance for a developer to partner with a well-established organization to create a truly transformative project. The site's size and strategic location make it an ideal investment for a forward-thinking developer seeking to contribute to Waterloo's growth and prosperity. This is a chance to build a legacy for the next century.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction FRAME
Total area 11,200 SF
Lot 24.36 ac (1,061,121 SF)
APN 8913-22-101-003
UPID US25-0260107
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
$919k
Blend (final) Blend
$1.11M
Owner & transaction history
DAIRY CATTLE CONGRESS
DAIRY CATTLE CONGRESS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.1M +82.7%
Office building $830,000 +36.8%
Retail stores $745,000 +22.8%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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