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Property profile & analytics

224 Tower Park Dr Waterloo, IA 50701-9002

  • Car washes
  • 12,250 SF
  • 1.06 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US25-0370879
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.

Current Use by Public Records

  • Waterfalls Car Wash / Car Wash

Property Details for 224 Tower Park Dr

Year built
1995
Lot size
1.06 lot acres
Property size
12,250 SF
Property type
Car washes
APN
8813-09-227-005
APU
881309227005

Description

This exceptional investment opportunity presents a well-established, full-service car wash located at 224 Tower Park Drive in Waterloo, Iowa. The property boasts a prime South Waterloo location, characterized by high traffic counts and excellent visibility, ensuring consistent customer flow. Spanning 12,500 square feet on a 1.06-acre lot, this single-unit facility was constructed in 1995 and is zoned C-2 and C-Z, allowing for diverse operational possibilities. The sale includes the business and all equipment, providing a turnkey operation for the new owner. The property's APN is 881309227005. This is a rare chance to acquire a profitable, established business in a desirable location with significant growth potential. The property's strategic positioning and operational history make it an attractive investment for experienced entrepreneurs seeking a stable and lucrative venture in the thriving Waterloo market. Serious inquiries are encouraged to schedule a viewing and explore this exceptional opportunity further. The asking price for this turnkey operation is $750,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Waterloo
County
Black Hawk
State
Iowa
Longitude
-92.3597
Latitude
42.4572
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
$44,542
$616,800
$603,450
$1,220,250
-
$616,800
$603,450
$1,220,250
More about this property
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