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    Property profile & analytics
    OFF-MARKET
    Flex space

    2920 Texas St, Waterloo, IA 50702-2749

    4,740 SF 0.58 ac lot Built 1993
    Entity Owned Free & Clear
    Property ID
    US25-0229462
    Property summary
    AI-generated overview

    This exceptional commercial property at 2920 Texas Street, Waterloo, IA, presents a unique investment opportunity. Boasting 4,740 square feet on a 0.58-acre lot, this building is strategically located on a high-visibility corner with over 34,000 estimated daily vehicle traffic (per DOT data). The property features two spacious offices, ideal for administrative tasks or client meetings. A substantial workshop (77' x 34') provides ample space for various industrial, mechanical, or production uses. Additional space is available in a smaller room suitable for storage or extra workspace, complemented by a convenient bathroom. Extensive paved parking accommodates customers, employees, and delivery vehicles, including larger trucks. Two large garage doors at the front of the building further enhance its suitability for businesses requiring vehicle access, such as automotive or equipment-based operations. The property's flexible layout and prime location in a high-traffic area make it an attractive option for businesses seeking to establish or expand their operations in a highly accessible and visible location within Waterloo. The asking price is $690,000.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1993
    Total area 4,740 SF
    Lot 0.58 ac (25,264 SF)
    APN 8913-36-479-013
    UPID US25-0229462
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Watco Construction Inc General Contractor Construction Company
    • Shift Truck & Trailer Repair Trucking Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    SHIFT TRANSPORT LLC
    SHIFT TRANSPORT LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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