Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    225-229 E 4Th St Waterloo, IA 50703

    • Turn key restaurants
    • 9,566 SF
    • 0.13 lot acres
    For Lease
    View listing
    $4,250 /Mo
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US25-0200013
    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

    • Basal Pizza / Pizza Restaurant

    Property Details for 225-229 E 4Th St

    Year built
    1892
    Lot size
    0.13 lot acres
    Property size
    9,566 SF
    Property type
    Turn key restaurants
    APN
    8913-24-361-014
    APU
    891324361014

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $370,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $350,000
      Mixed-Use
      $380,000
      Hospitality
      $320,000
      Educational
      $370,000
      Residential Income
      $275,000
      Energy
      $280,000
      Income-Based Land
      $300,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3354
    Latitude
    42.499
    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
    $7,397
    $32,760
    $230,570
    $263,330
    -
    $32,760
    $230,570
    $263,330

    Comparable in this City

    • Value Estimation by Request
      1,760 SF

      521 Dane St

      RESTAURANT • 1,760 SF
      521 Dane St, Waterloo, IA 50703-3833
      View Details
    • Value Estimation by Request
      360 SF

      2301 Lafayette St

      RESTAURANT • 360 SF
      2301 Lafayette St, Waterloo, IA 50703-5247
      View Details
    • Value Estimation by Request
      11,505 SF

      320 4th St

      RESTAURANT • 11,505 SF
      320 4th St, Waterloo, IA 50703-4751
      View Details
    • Value Estimation
      $210,000
      1,745 SF

      218 Division St

      RESTAURANT • 1,745 SF
      218 Division St, Waterloo, IA 50703-4902
      View Details
    • Value Estimation by Request
      15,924 SF

      308 4th St

      RESTAURANT • 15,924 SF
      308 4th St, Waterloo, IA 50703-4704
      View Details
    • Value Estimation
      $200,000
      3,693 SF

      206 4th St

      RESTAURANT • 3,693 SF
      206 4th St, Waterloo, IA 50703-4762
      View Details

    Similar Nearby for Sale

    • $800,000
      1,942 SF

      Waterloo Commercial Property: Prime Location

      Vacant C-Class building, high potential.
      0 2073 Logan, Waterloo, IA 50703
      View Details
    • $132,000
      0.28 Acres

      Established Bar with Updates

      Well-known bar in Waterloo with recent updates and parking.
      306 Park Rd, Waterloo, IA 50703
      View Details
    • New
      $125,000
      0.22 Acres

      Waterloo Commercial Property For Sale

      Versatile commercial property with high visibility and flexible usage options.
      435 W Parker Ave, Waterloo, IA 50703
      View Details
    • New
      $749,900
      Pending

      Waterloo Multifamily Property with Storefronts

      27-unit multifamily property with 3 storefronts in Waterloo, Iowa.
      213-223 E 5Th St, Waterloo, IA 50703
      View Details
    • New
      $125,000
      0.15 Acres

      Versatile Commercial Building on Parker

      Commercial building with dock doors, office, and highway access.
      440 W Parker Rd, Waterloo, IA 50703
      View Details
    • $465,000
      5,000 SF

      Waterloo Commercial Building For Sale

      5,000 SF commercial building on a large corner lot.
      1145 W Donald St, Waterloo, IA 50703
      View Details

    Similar Nearby for Lease

    • $4,250 /Mo
      5,663 SF

      Restaurant/Bar Space in Downtown Waterloo

      Prime downtown location with ready-to-go kitchen and flexible layout.
      225-229 E 4Th St, Waterloo, IA 50703
      View Details
    • $11 SF/Yr
      1,500 SF

      Downtown Waterloo Office Space

      Historic Charm, Prime Location, 1500 sq ft
      112 4Th St, Waterloo, IA 50703
      View Details
    • $16 SF/Yr
      14,874 SF

      Downtown Waterloo Office Suites

      Prime renovated office space, 2 suites available
      425 Franklin St, Waterloo, IA 50703
      View Details
    • $18 SF/Yr
      12,000 SF

      Downtown Waterloo Retail Space

      Newly Renovated Office/Retail Suite - 718 SF
      614 Mulberry St, Waterloo, IA 50703
      View Details
    • $4 SF/Yr
      6,400 SF

      Warehouse Space for Lease in Waterloo

      6,400 SF Warehouse - Excellent Location
      1800 Burton Ave, Waterloo, IA 50703
      View Details
    • $46 SF/Yr
      4,000 SF

      Downtown Waterloo Office Space

      4,000 sq ft Office, Prime Location
      604 Lafayette St, Waterloo, IA 50703
      View Details

    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      927
    • Avg Time on site
      811 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    225-229 E 4Th St
    Waterloo, IA 50703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.