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    56 Acres Hwy, Unit 218 Waterloo, IA 50702

    For Sale
    $1,456,000

    LAND - Waterloo, IA

    Lot size:
    56.30 Acres
    Days on Market:
    86
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 56 Acres Hwy

    General Information

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

    Structure Real Estate (319) 260-2016 [email protected]

    Listing agent Andrew Schoof (319) 260-2016

    Listing date Sep 17, 2025

    MLS# 20252095 Listing URL

    Copyright © 2025 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.

    Overview

    Waterloo Land Development Opportunity

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.29043461
    Latitude
    42.44007802

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    FAQs

    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, Unit 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.
    (319) 260-2016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    56 Acres Hwy, Unit 218 Waterloo, IA 50702
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