Financial
Distress signals
Property profile

511 E 5Th St Waterloo, IA 50703

FOR SALE
Office buildings
Property ID
US25-2263936
56,152 SF 2.14 ac lot Built 1915
Last sale Apr 2023 · $25,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A third-level office suite located at 511 E 5th Street, Suite 300, within the KWWL Building in downtown Waterloo. The suite contains 5,069 square feet and is arranged with 18+ private offices, a dedicated conference room, and large windows. Elevator access serves the suite, and the interior layout is configured for professional and administrative use. The property is situated in a building constructed in 1915 and is on a site zoned C-2. The building is associated with on-site parking in a large

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$153k
Tax billed · 2023
Assessed value · 2024$4.01M
Assessed land$192k
Assessed improvement$3.82M
Effective rate3.81%

Value estimate

· Sep 2026
$3.44M
$3.09M – $3.78M
Sales comparison$3.46M
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$14k
Operating expenses−$11k
NOI · 414,962.50% cap applied$33k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$34 – $100

Cap rate analysis

How does the asset earn?
414,962.50%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBLACK HAWK

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.1
Pharmacy13.5
Realty agency13.2

Location

511 E 5Th St Waterloo, IA 50703
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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