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Commercial Development Land with Design-Build
For Sale
$479,160

Lot 1 - 3423 Marnie Ave - Lot For Sale, Waterloo, IA 50701

Two adjacent lots available for commercial condo or business suite development, with a city TIF package available.

Property SizeContact for details
Lot Size5.35 Acres
Days on Market556

Property Features for Lot 1 - 3423 Marnie Ave - Lot For Sale

General Information

Standard status Active
Lot size 5.35 Acres
Property subtype Land
Zoning C-2

Taxes and HOA fees

Annual Taxes $2,878

Amenities

Buildable,Commercial,Industrial Park,Sloped
Public
87,120
2
City Street,County Road,Hard Surface Road,Paved Road
Listing Agency: Pinnacle Realty
Listed By: Trev Adair · License #322502720
Source: Pinnaclerealtyia
Added: Feb 15, 2025 Changed: Aug 23 Last Checked: Aug 25 at 5:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Realty

Investment Insights

Based on property information with market context.

This offering includes two development parcels that can be sold together or separately, supporting a design/build project for commercial condos or business suites. Lot 1 is 2.00 acres (87,120 SF) at 3423 Marnie Ave. Lot 2 is 3.35 acres (145,926 SF) at 3455 Marnie Ave. The seller indicates that a TIF package can be put together with the City of Waterloo as part of the development planning.

The properties are located in Waterloo, Iowa along Marnie Ave, with the option to assemble Lot 1 and Lot 2 for a larger combined footprint if your concept benefits from additional site area.

For developers, owner-operators, and investors seeking a site for commercial condo or business suite construction, these lots provide flexible configuration through the separate or combined sale. The availability of a design/build framework and the referenced ability to pursue a city TIF package may help streamline the early development process for qualified plans. Buyers should confirm all development requirements and TIF eligibility details directly with the City of Waterloo as part of their due diligence.

Key Highlights

  • Two adjacent lots available for commercial condo/business suite development (Lot 1 and Lot 2).
  • Lot 1: 2.00 acres (87,120 SF) at 3423 Marnie Ave, buildable lot with commercial/industrial park designation.
  • Lot 2: 3.35 acres (145,926 SF) at 3455 Marnie Ave, buildable lot with commercial/industrial park designation.

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Two adjacent lots available for commercial condo or business suite development, with a city TIF package available.
Where is this commercial land located?
The property is located at Lot 1 - 3423 Marnie Ave - Lot For Sale 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 adjacent lots available for commercial condo/business suite development (Lot 1 and Lot 2).; Lot 1: 2.00 acres (87,120 SF) at 3423 Marnie Ave, buildable lot with commercial/industrial park designation.; Lot 2: 3.35 acres (145,926 SF) at 3455 Marnie Ave, buildable lot with commercial/industrial park designation.
More about this property
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