Prime Development Ground in Cedar
For Sale
Contact for pricing
1924 W 12th St, Cedar Falls, IA 50613
16-acre development ground near UNI Campus with city incentives.
Property SizeContact for details
Lot Size16.00 Acres
Days on Market663
Property Features for 1924 W 12th St
General Information
Standard status
Active
Lot size
16.00 Acres
Property subtype
Land
Zoning
A-1
Listing Agency:
Structure Real Estate
(319) 239-7805
Listed By:
Brian Wingert · License #B60468000
Source:
Crexi
Added: Oct 29, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:02AM
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 Structure Real Estate
Investment Insights
Based on property information with market context.
This 16-acre parcel of land is available for development in Cedar Falls. Located less than half a mile from the UNI Campus, the property is situated in a medium-density designated area on the future land use map, potentially allowing for the construction of 130 to 150 units. The site has been cleared of trees, previously about 80% tree covered. Preliminary site plans are available for review. The owner is working with the city to establish a residential TIF zone, which may provide up to half the cost of public infrastructure rebated to the developer over a 10-year period, potentially exceeding $1 million. The owner has worked with the city on this site and is confident in what they will want for ingress and egress on this site. City incentives are negotiable, and seller financing is available. Neighbors have been alerted of possible development with little to no push back as the neighbors are a majority of rental property owners. The owner is willing to assist the buyer in navigating city incentives and establishing a development agreement.
Key Highlights
- 16 acre prime development ground in the center of Cedar Falls.
- City incentives negotiable, potentially rebating up to half the cost of public infrastructure over 10 years (possibly over $1 million).
- Seller financing available.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 50613, IA
43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 16-acre development ground near UNI Campus with city incentives.
Where is this residential land & home lot located?
The property is located at 1924 W 12th St Cedar Falls, IA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 16 acre prime development ground in the center of Cedar Falls.; City incentives negotiable, potentially rebating up to half the cost of public infrastructure over 10 years (possibly over $1 million).; Seller financing available.
