3731 Pheasant LnWaterloo, IA 50701

Property Details for 3731 Pheasant Ln

Year built

2004

Construction

FRAME

Lot size

0.59 AC

Property size (Sq ft)

7,780 SF

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,280,674

  6.5%

  $1,182,160

  7%

  $1,097,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $397,091

  Geo Method

  $397,091

• Alternative Use

  Use

  Valuation

  Residential

  $1,465,879

  Hospitality

  $1,342,737

  Educational

  $1,117,142

  Medical

  $1,155,562

  Retail

  $1,737,776

Location Insight

City

Waterloo

County

Black Hawk

State

Iowa

Latitude

42.4604

Longitude

-92.3582

CBSA code

47940

CBSA name

WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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