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    Prairie Pkwy Cedar Falls, IA 50613

    For Sale
    Contact for pricing

    3.99 Acres, Prime Cedar Falls Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.99-acre commercial land parcel presents a remarkable investment opportunity in the vibrant Pinnacle Prairie area of Cedar Falls, Iowa. Situated directly behind Hobby Lobby, this property boasts a highly desirable location along Prairie Pkwy, offering unparalleled visibility and accessibility. The land is zoned MU, allowing for a variety of commercial development possibilities, catering to a wide range of businesses. With a land value of $3 per square foot, this represents a compelling price point for developers seeking to capitalize on the area's strong retail growth. The property's strategic placement within the thriving Pinnacle Prairie retail corridor, adjacent to Viking Rd, ensures high traffic volume and significant exposure to potential customers. This prime location offers exceptional potential for a variety of commercial ventures, making it an ideal investment for those seeking a high-return opportunity in a rapidly expanding market. The Black Hawk County location and 50613 zip code further solidify its appeal. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to secure a prominent piece of Cedar Falls' commercial landscape. This property is ready for immediate development and offers significant long-term growth potential.

    Property Features for 0 Prairie Pkwy

    General Information

    Property type
    Land
    Lot Size
    173,804 SF

    HighLights

    • 3.99‑acre commercial development site directly behind Hobby Lobby in Cedar Falls's Pinnacle Prairie retail area on Viking Rd.
    • Excellent retail investment opportunity in the thriving Pinnacle Prairie development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.4345704
    Latitude
    42.4918676

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    FAQs

    What type of property is this?
    Land - 3.99 Acres, Prime Cedar Falls Location
    Where is this land located?
    The property is located at Prairie Pkwy Cedar Falls, IA.
    What are key features of this property?
    This property features: 3.99-acre commercial development site directly behind Hobby Lobby in Cedar Falls's Pinnacle Prairie retail area on Viking Rd.; Excellent retail investment opportunity in the thriving Pinnacle Prairie development.;
    (319) 830-5000
    Request Owner's contact information
    Prairie Pkwy 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
    Prairie Pkwy Cedar Falls, IA 50613
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