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Commercial Land with Development Flexibility
For Sale
$1,150,000

+/- 12.23 Acres Tower Park Drive, Waterloo, IA 50701

COMMERCIAL - Waterloo, IA

Property SizeContact for details
Lot Size12.23 Acres
Days on Market114

Property Features for +/- 12.23 Acres Tower Park Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning BP
Lot features Commercial
Standard status Active
APN 881309201030
Lot size 12.23 Acres

Taxes and HOA fees

Tax Description NW NE SEC 9 T 88 R 13 THAT PART LYING S OF TRACT A DOC 2009 015774 EXC PCL N IN DOC 2016 0800 DESC AS BEG AT SW COR LOT 3 OF TOWER PARK NO 5 TH N 89 DEG 34 MIN 50 SEC W 50 FT TH N 310.66 FT TH S 89 DEG 03 MIN 11 SEC E 50 FT TO POB AND EXC TOWER PARK NO 5
Tax Annual Amount 497
Legal Description NW NE SEC 9 T 88 R 13 THAT PART LYING S OF TRACT A DOC 2009 015774 EXC PCL N IN DOC 2016 0800 DESC AS BEG AT SW COR LOT 3 OF TOWER PARK NO 5 TH N 89 DEG 34 MIN 50 SEC W 50 FT TH N 310.66 FT TH S 89 DEG 03 MIN 11 SEC E 50 FT TO POB AND EXC TOWER PARK NO 5
Listing Agency: Berkshire Hathaway Home Services One Realty Centre · Berkshire Hathaway HomeServices
Listed By: Jason Strelow · License #B37568
Added: Apr 20 Changed: Aug 5 Last Checked: Aug 11 at 8:06PM
MLS# 20261611

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 12.23-acre commercial land tract is located within Waterloo Business Park on Tower Park Drive in Waterloo, Iowa. The property is zoned BP and is described as having six potential buildable lots, offering a range of site configurations for future development.

Lot sizes range from .94 acres to 5.083 acres M/L. Utilities are available at the street, supporting planning for individual or broader commercial development concepts. The City of Waterloo is offering TIF incentives for the property.

Key Highlights

  • 12.23 Acres M/L of commercial land in Waterloo Business Park
  • Six potential buildable lots ranging from .94 Acres to 5.083 Acres M/L
  • BP zoning

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 50701, IA

29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - BP-zoned commercial land offers multiple potential development configurations with utilities available at the street.
Where is this commercial land located?
The property is located at +/- 12.23 Acres Tower Park Drive Waterloo, IA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 12.23 Acres M/L of commercial land in Waterloo Business Park; Six potential buildable lots ranging from .94 Acres to 5.083 Acres M/L; BP zoning
More about this property
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