Property summary
This exceptional 4,550 square foot office building, situated on a 0.99-acre lot at 3640 Canterbury Court in Waterloo, IA, presents a unique investment opportunity. The property offers an incredibly convenient location, ideal for businesses seeking expansion. The main floor boasts a large reception area with a front desk, three bathrooms (one en-suite), and a spacious conference room. Multiple versatile workspaces are equipped with extensive built-in features and pre-installed sink plumbing throughout. Security is a key feature, with perimeter fencing and a comprehensive alarm system ensuring peace of mind. The lower level provides significant additional space, perfect for storage, server rooms, or maintenance materials, and offers potential for future expansion. This building is ready for immediate occupancy and provides a strong foundation for any growing business. Priced at $425,000, this property represents a compelling investment in a thriving Waterloo location. The combination of ample space, convenient amenities, and enhanced security makes this an exceptional opportunity for businesses seeking a secure and functional workspace. Don't miss this chance to secure a prime commercial property in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning