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1924 12Th St Cedar Falls, IA 50613

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For Sale
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16 Acres, City Incentives Available

Property Features for 1924 12Th St

General Information

Property type
Land
Lot Size
696,960 SF

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Listing Contact
Brian Wingert
Brian Wingert

Listing Agency: Structure Real Estate Listing Agent: Brian Wingert

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Overview

This exceptional 16-acre parcel in Cedar Falls, Iowa (50613), located at 1924 W 12th St, presents a unique opportunity for medium-density residential development. Priced at $1,400,000 ($87,500/acre), this cleared lot is zoned A-1 and offers substantial potential for significant cost savings through available city incentives. Negotiable tax increment financing (TIF) is being pursued, potentially reimbursing up to half of public infrastructure costs over ten years—an estimated $1 million. Preliminary site plans are accessible for review, indicating a capacity for 130-150 residential units. The property's location, less than half a mile from the University of Northern Iowa (UNI) campus, ensures strong demand. Neighboring properties are largely rental units, suggesting minimal development resistance. The seller is actively involved in facilitating the city incentive process and securing a development agreement, providing valuable support to the buyer. This is a prime opportunity to leverage city support and build a thriving residential community in a desirable location.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Cedar Falls
County
Black Hawk
State
Iowa
Longitude
-92.468676533481
Latitude
42.527685728508

FAQs

What type of property is this?
Land - 16 Acres, City Incentives Available
Where is this land located?
The property is located at 1924 12Th St Cedar Falls, IA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 16-acre parcel in Cedar Falls, IA (50613) at 1924 W 12th St, ideal for medium-density residential development.; $1,400,000 asking price ($87,500/acre); A-1 zoning.; Potential for significant cost savings via city incentives, including negotiable TIF potentially reimbursing up to $1 million in infrastructure costs.
(319) 239-7805 Call to check price and availability
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