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    Shaulis Rd Waterloo, IA 50701

    For Sale
    $845,060

    3.88 Acres near Lost Island Theme Park

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 169,012.8 square foot commercial land parcel presents a unique development opportunity in Waterloo, Iowa. Strategically located at the intersection of Highway 218 and Shaulis Road, just south of US Highway 20, this property enjoys high visibility and accessibility. Its prime location directly fronts the newly opened Lost Island Theme Park, Lost Island Waterpark, and Isle Casino, ensuring significant foot traffic and potential customer base. The C-P zoning allows for a variety of commercial uses, making it ideal for a retail strip center, convenience store, hotel, or restaurant. Waterloo, the major metro area of the Cedar Valley Region, serves as the Black Hawk County seat, boasting a robust economy driven by government, advanced manufacturing, healthcare, education, and retail sectors. The area's substantial labor force of over 300,000 provides a large potential customer pool. This property offers significant upside potential for investors seeking a high-impact development project in a rapidly growing area. The asking price is $845,060. Co-brokerage is available. Don't miss this chance to capitalize on this exceptional location and thriving market.

    Property Features for 0 Shaulis Rd

    General Information

    Property type
    Land

    HighLights

    • $845,060 asking price.
    • 3.88‑acre commercial land parcel.
    • 169,012.8 square foot lot size.
    • C‑P zoning.
    • Located in Waterloo, IA, at Hwy 218 & Shaulis Rd, near Lost Island Theme Park, Waterpark, and Isle Casino.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3124023
    Latitude
    42.443044

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    FAQs

    What type of property is this?
    Land - 3.88 Acres near Lost Island Theme Park
    Where is this land located?
    The property is located at Shaulis Rd Waterloo, IA.
    What is the asking price?
    The asking price for this property is $845,060.
    What are key features of this property?
    This property features: $845,060 asking price.; 3.88-acre commercial land parcel.; 169,012.8 square foot lot size.
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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
    Shaulis Rd Waterloo, IA 50701
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