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    Tower Park Dr Waterloo, IA 50701

    For Sale
    Contact for pricing

    Prime Commercial Land, Hwy 20 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 8.57-acre commercial land parcel presents a unique investment opportunity in Waterloo, Iowa. Located on Tower Park Drive in Black Hawk County, zip code 50701, this property boasts a highly desirable C-2 and C-Z zoning designation, opening doors to a wide range of commercial development possibilities. The land offers stunning views of a pond and exceptional visibility from Highway 20, ensuring high traffic exposure for any future business. Its strategic location adjacent to the Farmer State Bank office building within the San Marnan business park corridor provides immediate access to established infrastructure and a thriving business community. The asking price is $4 per square foot, representing a compelling value for this prime commercial real estate. With its expansive size, prime location, and versatile zoning, this property is perfectly suited for a variety of commercial ventures, offering significant potential for growth and return on investment. The coordinates are 42.4561186 latitude and -92.365746 longitude. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area.

    Property Features for 0 Tower Park Dr

    General Information

    Property type
    Land
    Lot Size
    373,309 SF

    HighLights

    • 8.57‑acre commercial land parcel in Waterloo, IA.
    • C‑2 and C‑Z zoning allows diverse commercial development.
    • High visibility from Highway 20 and stunning pond views.
    • Located in San Marnan business park near Farmer State Bank.
    • Asking price: $4/sq ft.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.365746
    Latitude
    42.4561186

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Hwy 20 Visibility
    Where is this land located?
    The property is located at Tower Park Dr Waterloo, IA.
    What is the asking price?
    The asking price for this property is $4.
    What are key features of this property?
    This property features: 8.57-acre commercial land parcel in Waterloo, IA.; C-2 and C-Z zoning allows diverse commercial development.; High visibility from Highway 20 and stunning pond views.
    (319) 830-5000
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    Tower Park 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
    Tower Park Dr Waterloo, IA 50701
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