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    2 San Marnan Dr Waterloo, IA 50701

    Sponsored
    For Sale
    Contact for pricing

    Prime Waterloo development lot, ideal for office/industrial.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.07-acre commercial lot, located at Lot 2 San Marnan Drive in Waterloo, Iowa (zip code 50701), presents a unique opportunity for development. Situated within Black Hawk County, this property boasts a desirable BP zoning designation, making it suitable for a variety of commercial ventures, including office and industrial uses. The land is priced competitively at $9.00 per square foot, representing a significant value proposition for investors and developers seeking a strategic location in the thriving Cedar Valley. This lot is part of a new commercial business development, offering excellent visibility and accessibility. Its prime location ensures convenient access for employees and customers alike. The coordinates for this property are latitude 42.4574709 and longitude -92.3566273. This is an exceptional opportunity to establish a presence in a rapidly growing area. Don't miss this chance to secure a prime piece of commercial real estate in Waterloo, Iowa. The property is ready for immediate development, offering a streamlined path to realizing your business goals. Contact us today to learn more about this exceptional opportunity.

    Property Features for 2 San Marnan Dr

    General Information

    Property type
    Land
    Lot Size
    46,609 SF

    HighLights

    • 1.07‑acre commercial land parcel in Waterloo, IA.
    • Zoned BP.
    • Lot located at Lot 2 San Marnan Drive, Waterloo, IA 50701.
    • Land priced at $9 per square foot.
    • Situated in a new Cedar Valley commercial business development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3566273
    Latitude
    42.4574709

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    FAQs

    What type of property is this?
    Land - Prime Waterloo development lot, ideal for office/industrial.
    Where is this land located?
    The property is located at 2 San Marnan Dr Waterloo, IA.
    What are key features of this property?
    This property features: 1.07-acre commercial land parcel in Waterloo, IA.; Zoned BP.; Lot located at Lot 2 San Marnan Drive, Waterloo, IA 50701.
    (319) 830-5000
    Request Owner's contact information
    2 San Marnan Dr Waterloo, IA 50701
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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
    2 San Marnan Dr Waterloo, IA 50701
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