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Waterloo Land Development Opportunity
For Sale
$1,456,000

56 Acres HWY 218, Waterloo, IA 50702

Land, Waterloo, IA

Property SizeContact for details
Lot Size56.30 Acres
Days on Market485

Property Features for 56 Acres HWY 218

General Information

Property type Land
Property subtype Other
Zoning R-3
Standard status Active
APN 881218126039
Lot size 56.30 Acres

Taxes and HOA fees

Tax Annual Amount 2174
Listing Agency: Structure Real Estate
Listed By: Andrew Schoof · License #B61908000
Added: May 10, 2025 Changed: Aug 19 Last Checked: Sep 6 at 9:06AM
MLS# 20252095

Copyright © 2026 Northeast Iowa Regional Board 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 is a 56.28-acre undeveloped land parcel located off Highway 218 in Waterloo, Iowa. The property consists of four parcels to be sold together. A concept plan is available for 91 residential lots. Utility access is available off E Shaulis Rd. The site offers access, visibility, and proximity to local amenities. The development may qualify for 50% tax rebates over 10 years to assist with infrastructure costs.

Key Highlights

  • 56.28 acres of undeveloped land, ideal for a large‑scale residential development.
  • Concept plan already in place for 91 residential lots, streamlining the development process.
  • Potential for 50% tax rebates over 10 years to offset infrastructure costs.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 50702, IA

20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 56.28 acres of undeveloped land near Highway 218.
Where is this land located?
The property is located at 56 Acres HWY 218 Waterloo, IA.
What is the asking price?
The asking price for this property is $1,456,000.
What are key features of this property?
This property features: 56.28 acres of undeveloped land, ideal for a large‑scale residential development.; Concept plan already in place for 91 residential lots, streamlining the development process.; Potential for 50% tax rebates over 10 years to offset infrastructure costs.
More about this property
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