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Property profile

3111 W Airline Hwy Waterloo, IA 50703

Flex space
Property ID
US25-Q012307
View Sample
2,384 SF Built 2023

Property summary

AI-generated overview

Property Overview: Discover an excellent opportunity with this versatile warehouse/flex space offering a blend of functionality and comfort. Perfectly designed for businesses that require an office environment within a spacious warehouse setting. Key Features: Spacious Layout: Ample square footage providing flexibility for various business needs, from storage to manufacturing or creative spaces. Dedicated Office: A well-appointed office area perfect for administrative tasks, meetings, or remote work. Two Bathrooms: Conveniently located bathrooms, ensuring comfort for staff and visitors alike. Mezzanine Level: Additional space for storage, workstations, or showroom purposes, maximizing the utility of the property. Excellent Access: Strategically situated with easy access to major roadways, enhancing logistics and transportation. High Ceilings: 20 ft sidewalls Parking Availability: Ample parking space for employees and clients. Customizable Space: Open floor plan allowing for easy customization to fit your business requirements. Lease Terms: $2,600 Sale Price: $269,000 Don't miss out on this fantastic opportunity to establish your business in a prime warehouse/flex space!

Property profile

Verified
Property type Flex space
Year built 2023
Total area 2,384 SF
UPID US25-Q012307

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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