58 Hwy 20 & Hwy Cedar Falls, IA 50613
This exceptional commercial land offering in Cedar Falls, Iowa presents a unique investment opportunity. Located at the intersection of U.S. Highway 20 and Highway 58 in Black Hawk County (zip code 50613), this property boasts high visibility and convenient access to major thoroughfares. The available land parcels range from 1.5 to 4.5 acres, providing flexibility for various development projects. Total square footage options range from 65,775 to 196,020 square feet. One parcel (Lot 3) is ideally suited for a single-tenant or multi-tenant building, situated adjacent to a recently opened Fleet Farm store. This prime location benefits from the rapidly growing retail sector in the Waterloo/Cedar Falls market. The remaining parcels (1 & 2) are well-positioned for a variety of uses, including daycare centers, office spaces, medical facilities, or retail establishments. The property's strategic location offers easy access to surrounding communities and is in close proximity to the University of Northern Iowa campus, ensuring a strong potential customer base. This site provides excellent visibility and convenience, making it an attractive option for businesses seeking a prominent location with high traffic flow. The newly upgraded Highway 58 further enhances accessibility and connectivity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.