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Property profile & analytics
FOR SALE
Auto shops

306 W 11Th St Waterloo, IA 50702

2,380 SF 0.36 ac lot Built 2010
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0438890
Property summary
AI-generated overview

This exceptional 2,380 square foot industrial service building is situated on a 0.36-acre lot at 306 W 11th Street in Waterloo, IA, just one block from Highway 218. The property offers four generously sized bays, perfectly designed for optimal efficiency and workflow. The functional layout includes a well-appointed office area and a comfortable waiting room, creating a professional and welcoming environment for clients and employees. Two convenient lifts ensure easy access to different levels within the building, streamlining operations. A significant advantage is the inclusion of a powerful, on-site air compressor, a valuable asset for various service-related applications. Ample parking is available, providing convenient access for customers and staff. The strategic location, combined with the building's modern features and functional design, makes this property an ideal choice for a variety of service-oriented businesses. The asking price for this turnkey operation is $429,000. This represents a significant opportunity to acquire a well-maintained and highly functional industrial space in a desirable location. The property is ready for immediate occupancy and offers a strong return on investment. Contact us today to schedule a viewing and explore the potential of this exceptional property.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2010
Construction FRAME
Total area 2,380 SF
Lot 0.36 ac (15,540 SF)
APN 8913-25-306-022
UPID US25-0438890
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
  • Cedar Valley Auto Detailing (CVAD) Car Wash
  • Integra Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Integra Acceptance LLC · 12 yrs held
Integra Acceptance LLC
since 2013
1 recorded transaction
2013
$420,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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