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    3731 Pheasant Ln Waterloo, IA 50701-5215
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    Property profile & analytics

    3731 Pheasant Ln, Waterloo, IA 50701-5215

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    • Office buildings
    • 7,780 SF
    • 0.59 lot acres
    Off-Market
    Last Sale Oct 5, 2023
    $750,000
    Property ID
    US25-0165215
    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.

    Value Estimations
    $665,000
    Show details
    Cap Rate Potential
    8.4%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Rhonda K. Herum, LISW / Family Counselor / Social Worker
    • Katherine Dinges, LISW Counseling Service / Family Counselor / Counselor
    • Karen K. Connection / Real Estate Agency
    • Easy Street Realty / Real Estate Agency
    • RE/MAX HOME GROUP : Rocky Smalley / Real Estate Agency

    Property Details for 3731 Pheasant Ln

    Year built
    2004
    Construction
    FRAME
    Lot size
    0.59 lot acres
    Property type
    Office buildings
    APN
    8813-04-477-003
    APU
    881304477003

    Description

    This exceptional 288 square foot office suite, located within a larger 7,780 square foot professional building at 3731 Pheasant Lane in Waterloo, Iowa, presents a fantastic opportunity for a solo practitioner or small business. Built in 2004, the building boasts a convenient South Waterloo location and offers ample parking with 31 total spaces available. The suite itself is a garden level unit, featuring a sink and a window, providing natural light and a pleasant work environment. The property is zoned R-4 and sits on a 0.59-acre lot. The building includes an elevator for easy access. This single-tenancy space is perfect for a variety of uses, including but not limited to massage therapy or counseling services. The property also offers signage opportunities, enhancing visibility and attracting clients. The property's APN is 881304477003, located in Black Hawk County, Iowa, zip code 50701. This is a rare opportunity to secure a well-appointed office space in a desirable location. Don't miss out on this chance to establish your business in a thriving community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $645,000
      ML approach
      $625,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $905,000
      6.5%
      $835,000
      7%
      $775,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $572,000
      Market price range: $264k - $777k
      AI Estimate
      $643,000
      Market price range: $351k - $976k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $575,000
      Current use
      RESTAURANT
      $770,000
      Change: +34% Conversion: Moderate
      RETAIL STORES
      $520,000
      Change: -10% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3582
    Latitude
    42.4604
    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
    $23,612
    $89,790
    $591,280
    $681,070
    -
    $89,790
    $591,280
    $681,070
    More about this property
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