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Financial
Distress signals
Property profile

57 E Tower Park Dr Waterloo, IA 50701

FOR LEASE
Banks
Property ID
US25-0412339
2,295 SF 0.61 ac lot Built 1997
Last sale Jun 2008 · $580,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,295 square foot single-tenant office space is available for lease at $30 per square foot, NNN. Located at 57 E Tower Park Dr., this property boasts a highly desirable location with exceptional visibility and high traffic volume. Built in 1997, the single-story building sits on a 0.61-acre lot and is zoned C-2. The space features three individual offices, a convenient breakroom, and an attractive lobby area. A significant advantage is the inclusion of a 1,008 square foot…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$592k
Assessed land$305k
Assessed improvement$287k
Effective rate3.40%

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$265k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.8
HVAC Service12.5
Kitchen & Bath12.0

Location

57 E Tower Park Dr Waterloo, IA 50701
County assessor Recorded deeds · 3 transfers Qualifying 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2210 Fls, Waterloo, IA 50701-5706 $275,000 Jan 2024 4,028 SF
935 Sheerer, Waterloo, IA 50701 $475,000 Dec 2023 6,912 SF
42 Tower Park, Waterloo, IA 50701-9012 $325,000 Dec 2022 7,200 SF
100 Fletcher, Waterloo, IA 50701-6104 $90,000 Dec 2022 2,220 SF
1900 Ridgeway, Waterloo, IA 50701-4501 $760,500 Apr 2019 4,750 SF
229 Sunnyside, Waterloo, IA 50701-2501 $7,241 Feb 2019 2,022 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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