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Two-Lot Commercial Land
For Sale
$479,160

3423 Marnie Avenue lot 1, Waterloo, IA 50701

Land/Lot/Farm, Waterloo, IA

Property SizeContact for details
Lot Size2.00 Acres
Days on Market530

Property Features for 3423 Marnie Avenue lot 1

General Information

Property type Commercial Sale
Property subtype Other
Zoning description c2
Directions Flexible Zoning. Seller Financing | Lease / Purchase Options available. North on highway 63, Right on Cyclone Drive, Right on Marnie Ave.
Subdivision OT-W (West of I-380)
Standard status Active
APN 881306426045
Lot size 2.00 Acres

Taxes and HOA fees

Tax Description Cedar Valley Crossing - Commercial Park
Tax Annual Amount 2878
Legal Description Cedar Valley Crossing - Commercial Park
Listing Agency: Pinnacle Realty LLC
Listed By: Trev Adair · License #322502720
Added: Mar 27, 2025 Changed: Aug 19 Last Checked: Sep 7 at 6:06PM
MLS# 2502076

Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering includes two development parcels that may be acquired separately or as a combined project. The stated development concept supports commercial condominiums or business suites, providing a framework for future commercial construction.

Lot 1 contains 2.00 acres, or 87,120 square feet, at 3423 Marnie Avenue. Lot 2 contains 3.35 acres, or 145,926 square feet, at 3455 Marnie Avenue. A TIF package has been put together with the City of Waterloo in connection with the proposed development.

Key Highlights

  • Two commercial land parcels available together or separately
  • Lot 1: 2.00 ac. / 87,120 sqft at 3423 Marnie Ave.
  • Lot 2: 3.35 ac. / 145,926 sqft at 3455 Marnie Ave.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center HVAC Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby

Demographics for 50701, IA

29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Separate commercial parcels are available individually or together for commercial condo or business-suite development.
Where is this commercial land located?
The property is located at 3423 Marnie Avenue lot 1 Waterloo, IA.
What is the asking price?
The asking price for this property is $479,160.
What are key features of this property?
This property features: Two commercial land parcels available together or separately; Lot 1: 2.00 ac. / 87,120 sqft at 3423 Marnie Ave.; Lot 2: 3.35 ac. / 145,926 sqft at 3455 Marnie Ave.
More about this property
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