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    Viking Rd Cedar Falls, IA 50613

    For Sale
    $2,077,812

    15.9 Acres, $3/SF, Divisible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 15.9-acre commercial land parcel presents a remarkable investment opportunity in Cedar Falls, Iowa. Located south of Viking Road and directly across from Menards, this property boasts a highly desirable location with excellent visibility and accessibility. The asking price is $2,077,812, translating to a competitive $3.00 per square foot. The land is zoned MU, allowing for a variety of commercial development possibilities. Its strategic placement near a major retailer like Menards ensures high traffic volume and strong potential for attracting businesses. The seller is willing to consider dividing the property, offering flexibility for developers seeking smaller parcels. This prime location, combined with the favorable zoning and the possibility of division, makes this a truly unique opportunity for commercial development in a thriving Iowa community. The property is situated in Black Hawk County, Iowa, with a 50613 zip code. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to acquire a significant piece of Cedar Falls commercial real estate.

    Property Features for 0 Viking Rd

    General Information

    Property type
    Land
    Lot Size
    692,604 SF

    HighLights

    • 15.9‑acre commercial land parcel priced at $3.00 per square foot, situated south of Viking Road, directly across from Menards.
    • Excellent commercial development opportunity in a high‑traffic area.
    • Divisible site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.494936
    Latitude
    42.4840896

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    FAQs

    What type of property is this?
    Land - 15.9 Acres, $3/SF, Divisible
    Where is this land located?
    The property is located at Viking Rd Cedar Falls, IA.
    What is the asking price?
    The asking price for this property is $2,077,812.
    What are key features of this property?
    This property features: 15.9-acre commercial land parcel priced at $3.00 per square foot, situated south of Viking Road, directly across from Menards.; Excellent commercial development opportunity in a high-traffic area.; Divisible site.
    (319) 830-5000
    Request Owner's contact information
    Viking Rd Cedar Falls, IA 50613
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Viking Rd Cedar Falls, IA 50613
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