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

    230 Ridgeway Ave Waterloo, IA 50702-5040

    • Gas stations
    • 3,424 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Mar 12, 2021
    $270,000
    Location Intelligence
    Property ID
    US25-0180724
    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

    • Shell / Gas Station / Convenience Store
    • Jim Lind Service / Oil Change Service / Tire Shop
    • Sheetz Towing / Towing Service

    Property Details for 230 Ridgeway Ave

    Year built
    1971
    Construction
    CONCRETE BLOCKS
    Lot size
    0.81 lot acres
    Property size
    3,424 SF
    Property type
    Gas stations
    APN
    8813-03-151-028
    APU
    881303151028

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $385,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $365,000
      Mixed-Use
      $390,000
      Hospitality
      $340,000
      Educational
      $355,000
      Residential Income
      $430,000
      Energy
      $310,000
      Income-Based Land
      $310,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3539
    Latitude
    42.469
    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
    $22,709
    $203,500
    $454,290
    $657,790
    -
    $203,500
    $454,290
    $657,790

    Comparable in this City

    • Value Estimation by Request
      1,092 SF

      6849 Laporte Rd

      SERVICE STATION (FULL SERVICE) • 1,092 SF
      6849 Laporte Rd, Washburn, IA 50702-6033
      View Details
    • Value Estimation
      $100,000
      8,520 SF

      1824 Jefferson St

      AUTO REPAIR, GARAGE • 8,520 SF
      1824 Jefferson St, Waterloo, IA 50702
      View Details
    • Value Estimation by Request
      2,880 SF

      2721 Lackland Dr

      VEHICLE SALES, RENTALS • 2,880 SF
      2721 Lackland Dr, Waterloo, IA 50702-4501
      View Details
    • Value Estimation by Request
      5,400 SF

      1935 Enterprise Ave

      AUTO REPAIR, GARAGE • 5,400 SF
      1935 Enterprise Ave, Waterloo, IA 50702-4316
      View Details
    • Value Estimation
      $85,000
      1,640 SF

      1821 Commercial St

      AUTO REPAIR, GARAGE • 1,640 SF
      1821 Commercial St, Waterloo, IA 50702-1238
      View Details
    • Value Estimation
      $505,000
      4,224 SF

      1328 Laporte Rd

      AUTO REPAIR, GARAGE • 4,224 SF
      1328 Laporte Rd, Waterloo, IA 50702-2710
      View Details

    Similar Nearby for Sale

    • $429,000
      2,380 SF

      Waterloo Industrial Building - $429,000

      Modern 2,380 SF auto service building in Waterloo, IA
      306 11Th St, Waterloo, IA 50702
      View Details
    • New
      $220,000
      0.42 Acres

      Waterloo Convenience Store For Sale

      Operating convenience store on a corner lot in Waterloo, Iowa.
      4335 Texas St, Waterloo, IA 50702
      View Details
    • Contact for pricing
      147,663 SF

      Crossroads Mall Storefront - Waterloo, IA

      Prime Retail Space, High Traffic Area
      2060 Crossroads Blvd, Waterloo, IA 50702
      View Details
    • Contact for pricing
      147,663 SF

      Department Store Space For Sale

      147,663 SF department store space located at Crossroads Mall.
      2060 Crossroads Blvd, Waterloo, IA 50702
      View Details
    • $249,900
      0.20 Acres

      New Steel Warehouse Near Highway

      New Waterloo warehouse with flexible space and highway access.
      320 W 14Th St, Waterloo, IA 50702
      View Details
    • Contact for pricing

      Waterloo Commercial Land For Sale

      Located in the heart of the Cedar Valley retail district.
      E Ridgeway Ave, Waterloo, IA 50702
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      30,705 SF

      Crossroads Blvd Retail Space

      Waterloo, IA: 7,200 SF Retail Available
      2039 Crossroads Blvd, Waterloo, IA 50702
      View Details
    • $216 SF/Yr
      6,720 SF

      Waterloo Retail Space - Kimball Ave

      Prime Retail Space, Waterloo, IA. High Visibility.
      3626 Kimball Ave, Waterloo, IA 50702
      View Details
    • $18 SF/Yr
      12,215 SF

      Flammang Drive Retail Center

      High-visibility Cedar Falls retail space.
      1209 Flammang Dr, Waterloo, IA 50702
      View Details
    • $35 SF/Yr
      4,500 SF

      Waterloo Retail Center: Prime Location

      New 2023 construction, 2 suites available.
      1027 Peoples Sq, Waterloo, IA 50702
      View Details
    • $7 SF/Yr
      6,714 SF

      Crossroads Blvd Retail Opportunity

      Prime 6,714 SF Retail Space, Redevelopment Potential
      2532 Crossroads Blvd, Waterloo, IA 50702
      View Details
    • $21,600
      9,772 SF

      Historic Church Office Building

      9772 sq ft, prime office space
      1225 4Th St, Waterloo, IA 50702
      View Details
    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.
    230 Ridgeway Ave
    Waterloo, IA 50702-5040
    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.