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Property profile & analytics
FOR LEASE
Banks

57 E Tower Park Dr Waterloo, IA 50701

2,295 SF 0.61 ac lot Built 1997
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US25-0412339
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 canopy area, perfectly suited for drive-through lanes. The previous tenant was a bank, making this space ideally suited for a similar financial institution or a business requiring a similar layout. The property offers a rare opportunity to secure a well-positioned, versatile office space in a high-demand area. No elevators are present in this single-story building. The property is suitable for traditional, executive, or creative office uses. This is a single-tenant occupancy. The building's total square footage is 2,295 square feet, and the entire space is currently vacant.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1997
Total area 2,295 SF
Lot 0.61 ac (26,571 SF)
APN 8813-10-103-003
UPID US25-0412339
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shazam Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gcf LLC Co · 18 yrs held
Gcf LLC Co
since 2008
3 recorded transactions
2016
Price N/A
2008
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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