2700 4th SW St Waverly, IA 50677-4351
This exceptional 1.04-acre commercial lot is situated at 2700 4th St SW in Waverly, Iowa, within the desirable C-2 Commercial District of Bremer County. Its strategic location offers unparalleled visibility and accessibility from Highway 218, placing it in close proximity to a multitude of area businesses. The property's C-2 zoning permits a diverse range of commercial uses, including retail establishments, restaurants (with drive-thru capabilities), and office spaces. This presents a unique investment opportunity for developers and businesses seeking a high-traffic location with significant growth potential. The site's proximity to Wartburg College, boasting an approximate annual enrollment of 1,500 students, further enhances its appeal and provides a substantial built-in customer base. Waverly, as the county seat of Bremer County, offers a thriving community and a stable economic environment. This parcel represents a rare chance to acquire a well-positioned commercial lot in a rapidly developing area, making it an ideal investment for those seeking a strong return on their investment. The property's size and zoning flexibility allow for a variety of development options, catering to a wide range of commercial ventures. Don't miss this opportunity to secure a prime location in a vibrant and growing community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.