Property profile

3701 Lafayette Rd Evansdale, IA 50707

OFF-MARKET
Medical Office Space
Property ID
US25-0423371
5,802 SF 1.12 ac lot Built 1997
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1997
Construction FRAME
Total area 5,802 SF
Lot 1.12 ac (48,787 SF)
APN 8912-32-255-021
UPID US25-0423371

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
  • Pediatrician Physician
  • Physician
  • Pediatrician Physician
  • Physician
  • Medical Clinic

Location

3701 Lafayette Rd Evansdale, IA 50707-1129
Evansdale metro Census 2000 WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$860k
CAP Approach CAP
$845k
Comparable Approach Comparable
by Request
Blend (final) Blend
$840k

Owner & transaction history

since 2023
Last sale
$1.1M
4 recorded transactions
2023
Price N/A
2023
$1.1M
2023
$10,000
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $785,000 +150.0%
Commercial (general) $740,000 +135.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3701 Lafayette Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message