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Commercial Land with Development Parcels

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

For Sale
$1,150,000

Land, Waterloo, IA

Property SizeContact for details
Lot Size12.23 Acres
Days on Market205

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 IA B37568
Added: Apr 20 Changed: Oct 7 Last Checked: Nov 10 at 9:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 12.23-acre commercial land tract is located within the Waterloo Business Park and is designated BP. The property can be configured into six potential buildable lots, ranging from 0.94 acres to 5.083 acres M/L, providing several parcel-size options for development planning.

Utilities are available at the street, and the City of Waterloo is offering TIF incentives. The property is identified at approximately 12.23 acres on Tower Park Drive in Waterloo, Iowa.

Key Highlights

  • 12.23 acres M/L in the Waterloo Business Park
  • Six potential buildable lots ranging from 0.94 to 5.083 acres M/L
  • BP zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

523
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Waterloo

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Commercial land - Business park land with BP zoning, street-accessible utilities, and multiple potential lot configurations.
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 in the Waterloo Business Park; Six potential buildable lots ranging from 0.94 to 5.083 acres M/L; BP zoning
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