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    Nordic Dr Cedar Falls, IA 50613

    For Sale
    Contact for pricing

    2.03 Acres, Hwy 58 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2.03-acre commercial land parcel presents a remarkable development opportunity in Cedar Falls, Iowa. Strategically located along Highway 58, this M-1 zoned property boasts unparalleled visibility and high traffic counts, making it ideal for a variety of commercial uses. Its proximity to the new Super Target further enhances its desirability and potential for strong returns. The land is priced at $8 per square foot, representing a compelling investment in a thriving market. The property, identified as Lots 1-2 Nordic Drive, offers significant signage possibilities, capitalizing on the substantial daily traffic flow along this major thoroughfare. The seller is willing to divide the lots to accommodate specific development needs, providing flexibility for potential buyers. This location in Black Hawk County, with a 50613 zip code, offers easy access to key transportation routes and a strong local economy. The property's size and zoning make it suitable for a wide range of commercial ventures, from retail establishments to restaurants and service businesses. Don't miss this chance to secure a prime commercial location in a rapidly growing area. Contact us today to learn more about this exceptional opportunity.

    Property Features for 0 Nordic Dr

    General Information

    Property type
    Land
    Lot Size
    88,427 SF

    HighLights

    • 2.03‑acre commercial land parcel in Cedar Falls, IA.
    • M‑1 zoning.
    • Located on Nordic Dr, near Hwy 58 and the new Super Target.
    • $8/SF land value.
    • High visibility and traffic counts, ideal for commercial development.
    • Owner will subdivide lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.447617
    Latitude
    42.4800769

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    FAQs

    What type of property is this?
    Land - 2.03 Acres, Hwy 58 Visibility
    Where is this land located?
    The property is located at Nordic Dr Cedar Falls, IA.
    What are key features of this property?
    This property features: 2.03-acre commercial land parcel in Cedar Falls, IA.; M-1 zoning.; Located on Nordic Dr, near Hwy 58 and the new Super Target.
    (319) 830-5000
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    Nordic Dr 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
    Nordic Dr Cedar Falls, IA 50613
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