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    Spring St Waterloo, IN 46793

    For Sale
    $120,000

    Prime residential development land. Excellent location, city limits.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.71-acre property, situated at the corner of Spring and Colgrove Streets in Waterloo, Indiana, presents a unique investment opportunity. Currently zoned for both Urban Residential (UR) and Agricultural use, this land offers significant potential for residential development. Its location within the Waterloo city limits provides convenient access to local amenities and infrastructure. The asking price is $120,000, translating to approximately $21,016 per acre. The property's size and zoning make it ideal for a variety of residential projects. Detailed site surveys and feasibility studies can be conducted to determine the optimal development plan. This is a rare opportunity to acquire a substantial parcel of land in a desirable location, ready for its next chapter. The property's address is W Spring St, Waterloo, IN 46793, within DeKalb County. Serious inquiries are encouraged.

    Property Features for 0 Spring St

    General Information

    Property type
    Farms
    Lot Size
    248,728 SF

    HighLights

    • $120,000 asking price for 5.71 acres of land.
    • Located in Waterloo, Indiana, zoned UR/Urban Residential and Agricultural.
    • Prime for residential development.
    • Situated within Waterloo city limits at the corner of Spring & Colgrove Streets.
    • $21,016 per acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waterloo
    County
    DeKalb
    State
    Indiana
    Longitude
    -85.018363587247
    Latitude
    41.438163802983

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - Prime residential development land. Excellent location, city limits.
    Where is this farm located?
    The property is located at Spring St Waterloo, IN.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: $120,000 asking price for 5.71 acres of land.; Located in Waterloo, Indiana, zoned UR/Urban Residential and Agricultural.; Prime for residential development.
    Request Owner's contact information
    Spring St Waterloo, IN 46793
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    Waterloo, IN 46793
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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
    Spring St Waterloo, IN 46793
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