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    1 San Marnan Dr Waterloo, IA 50701

    For Sale
    Contact for pricing

    Prime 1.24-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.24-acre commercial lot, located at Lot 1 San Marnan Drive in Waterloo, Iowa, presents a unique investment opportunity. Situated within Black Hawk County, zip code 50701, this property is zoned BP and offers significant potential for office or industrial development. The land is priced at $9.75 per square foot, representing a compelling value in the thriving Cedar Valley commercial market. Its prime location within a new commercial business development ensures high visibility and convenient access for businesses. This is an excellent chance to establish a presence in a rapidly growing area. The lot's size provides ample space for a variety of development projects, catering to diverse business needs. With its strategic location and attractive price point, this property is poised for immediate development and strong return on investment. The address is Lot 1 San Marnan Drive, Waterloo, IA 50701, and the coordinates are 42.4285686 latitude and -92.3616203 longitude. Don't miss this chance to secure a prime piece of commercial real estate in a dynamic and expanding market.

    Property Features for 1 San Marnan Dr

    General Information

    Property type
    Land
    Lot Size
    54,014 SF

    HighLights

    • 1.24‑acre commercial lot in Waterloo, IA (Lot 1 San Marnan Drive, 50701).
    • BP zoning suitable for office or industrial development.
    • $9.75/SF asking price.
    • Prime location in a new commercial development offering high visibility and accessibility.
    • Ample space for diverse development projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3616203
    Latitude
    42.4285686

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    FAQs

    What type of property is this?
    Land - Prime 1.24-acre lot, ideal for development.
    Where is this land located?
    The property is located at 1 San Marnan Dr Waterloo, IA.
    What are key features of this property?
    This property features: 1.24-acre commercial lot in Waterloo, IA (Lot 1 San Marnan Drive, 50701).; BP zoning suitable for office or industrial development.; $9.75/SF asking price.
    (319) 830-5000
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    1 San Marnan Dr Waterloo, IA 50701
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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
    1 San Marnan Dr Waterloo, IA 50701
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