Property profile

3640 Canterbury Ct Waterloo, IA 50702

OFF-MARKET
Office buildings
Property ID
US25-0421377
2,275 SF 0.99 ac lot Built 1993
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1993
Total area 2,275 SF
Lot 0.99 ac (42,950 SF)
APN 8813-03-301-139
UPID US25-0421377

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic

Location

3640 Canterbury Ct Waterloo, IA 50702-5705
Waterloo metro Census 1301 WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2026
3 recorded transactions
2026
$357,000
2025
Price N/A
2024
Price N/A

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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