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    Mccoy Rd Elk Run Heights, IA 50707

    For Sale
    $390,000

    Prime residential development land in Evansdale.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 30.66-acre parcel presents a remarkable opportunity for residential development in the thriving Evansdale, Iowa community. Located on McCoy Road, this U-1 zoned land offers unparalleled potential for creating a vibrant new residential community. Its expansive size allows for a significant number of lots, catering to a diverse range of housing needs. The property's strategic location provides convenient access to essential amenities and services. Families will appreciate the proximity to Poyner Elementary School, Bunger Middle School, and Elk Run Heights Pre-School, ensuring easy access to quality education. Recreational opportunities abound with Elk Run Heights Park nearby, offering green spaces and recreational activities. Commuting to nearby Waterloo and Cedar Falls is also a breeze, making this location highly attractive to potential residents. The asking price for this exceptional property is $390,000. This represents a significant investment opportunity with the potential for substantial returns. Don't miss this chance to acquire a prime piece of land in a rapidly growing area. Detailed zoning information and development plans are available upon request. Act quickly, as opportunities like this are rare.

    Property Features for 0 Mccoy Rd

    General Information

    Property type
    Land
    Lot Size
    1,335,550 SF

    HighLights

    • 30.66‑acre U‑1 zoned residential development parcel in Evansdale, IA.
    • Located on McCoy Road with convenient access to amenities and schools (Poyner Elementary, Bunger Middle, Elk Run Heights Pre‑School).
    • Near Elk Run Heights Park and easy commute to Waterloo and Cedar Falls.
    • Asking price: $390,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elk Run Heights
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.2635502
    Latitude
    42.4607634

    FAQs

    What type of property is this?
    Land - Prime residential development land in Evansdale.
    Where is this land located?
    The property is located at Mccoy Rd Elk Run Heights, IA.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: 30.66-acre U-1 zoned residential development parcel in Evansdale, IA.; Located on McCoy Road with convenient access to amenities and schools (Poyner Elementary, Bunger Middle, Elk Run Heights Pre-School).; Near Elk Run Heights Park and easy commute to Waterloo and Cedar Falls.
    (319) 830-5000
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    Mccoy Rd Elk Run Heights, IA 50707
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    Elk Run Heights, IA 50707
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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
    Mccoy Rd Elk Run Heights, IA 50707
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