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    Property profile & analytics

    3695 University Ave Waterloo, IA 50701-5621

    • Drive through restaurants
    • 3,913 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0255803
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • McDonald's / Sandwich Shop / Fast Food Restaurant
    • Redbox / Movie Rental Kiosk

    Property Details for 3695 University Ave

    Year built
    2000
    Construction
    WOOD
    Lot size
    0.99 lot acres
    Property size
    3,913 SF
    Property type
    Drive through restaurants
    APN
    8913-20-427-025
    APU
    891320427025

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3997
    Latitude
    42.5035
    CBSA code
    47940
    CBSA name
    WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $45,557
    $346,850
    $899,560
    $1,246,410
    -
    $346,850
    $899,560
    $1,246,410

    Comparable in this City

    • Value Estimation by Request
      3,407 SF

      441 Tower Park Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,407 SF
      441 Tower Park Dr, Waterloo, IA 50701-9376
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    • Value Estimation
      $250,000
      900 SF

      2719 University Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 900 SF
      2719 University Ave, Waterloo, IA 50701-3333
      View Details
    • Value Estimation
      $190,000
      756 SF

      103 Tower Park Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 756 SF
      103 Tower Park Dr, Waterloo, IA 50701-9330
      View Details
    • Value Estimation by Request
      3,236 SF

      1215 Ansborough Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,236 SF
      1215 Ansborough Ave, Waterloo, IA 50701-3426
      View Details
    • Value Estimation by Request
      1,678 SF

      1130 Ansborough Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,678 SF
      1130 Ansborough Ave, Waterloo, IA 50701-2249
      View Details
    • Value Estimation by Request
      2,821 SF

      4015 Lowes Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,821 SF
      4015 Lowes Blvd, Waterloo, IA 50701-9394
      View Details

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    Similar Nearby for Lease

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      2,295 SF Office, High Visibility
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    • Contact for pricing
      5,008 SF

      Waterloo Restaurant - Turn-Key Opportunity

      Prime Retail Space, 5008 sq ft, Iowa.
      3280 University Ave, Waterloo, IA 50701
      View Details
    • $17 SF/Yr
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      Jefferson Street Retail Space

      Prime Waterloo CBD location, move-in ready office.
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    • $5 SF/Yr
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      Former Hancock Fabrics Retail Store

      17,422 SF retail space with high visibility and traffic.
      2830 University Ave, Waterloo, IA 50701
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    Property Visit Statistics

    • Visits by month
      28.1k
    • Visitors by month
      16.2k
    • Avg Time on site
      12 min
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    3695 University Ave
    Waterloo, IA 50701-5621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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