Property profile

2181 Logan Ave Waterloo, IA 50703

OFF-MARKET
Grocery and convenience stores
Property ID
US25-0217768
41,472 SF 5.97 ac lot Built 2004
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2004
Total area 41,472 SF
Lot 5.97 ac (260,053 SF)
APN 8913-11-476-056
UPID US25-0217768

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Post Office
  • Pharmacy
  • Atm Currency Exchange Service
  • Bakery Specialty Food Shop

Location

2181 Logan Ave Waterloo, IA 50703-1005
Waterloo metro Census 1702 WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.33M
Comparable Approach Comparable
$4.30M
Blend (final) Blend
$5.24M

Owner & transaction history

since 2006
1 recorded transaction
2006
$7.0M

Zoning & alternative use

Top alternative use upside
Restaurant $4.1M +48.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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