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Improved Commercial Land for Sale in Waterloo, Iowa

3423 Marnie, Waterloo, IA 50701

$5,676,230
5.35 acres
Active
Est $34,860/mo

Design build project that would have units available to lease or purchase. Located near the corner of Highway 20 & Highway 63 in the heart of the Cedar Valley, this Flex Space to help your business grow. Investor can purchase the design / build project and we can build to your liking. Up to 14 units that can be 40x80' in size or combined to have up to 22,400 sqft. contiguous. Clear span, dual OH doors, walk-in door & window, these units can fit a semi truck & trailer without detaching.

Radiant Heat

Floor Drains

Sprinkler System

Design work is completed. Construction can start in 2025 with a short build schedule providing a quick turn-around.

Base Rent: $7.45 / sqft. or $1,985 / mo. for a 40'x80' / 3,200 sqft. unit.

Buildout: customizable

CAM: $1.65

Insurance: $0.35

Taxes: (estimated) $2.30

Total: $9.45 (1st year): $11.75 (thereafter)

Tif package available upon purchase.

44,800
Sq feet
2025
Built

Location

Street address
3423 Marnie
Elevation
869 feet

Directions

Highway 63 N. Right on Cyclone Drive. Right on Marnie Ave.

Property details

Acreage
5.35 acres
Zoning
C2 / M1
MLS #
CRAAR 2503044
Posted

Parcels

  • 881306426045

Details and features

Listing

Type
Commercial Sale

Structure

Stories
1
Roof
Metal

Interior

Flooring
Concrete

Listing history

DateEventPriceChangeSource
Apr 29, 2025New listing$5,676,230CRAAR
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This 5.35-acre property is located at 3423 Marnie in Waterloo, IA 50701. The property is available for sale for $5,676,230. It has a 44,800 sq ft structure built in 2025.

Checked 7 hours ago — Updated

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