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Property profile & analytics
OFF-MARKET
Land

58 Hwy 20 & Hwy Cedar Falls, IA 50613

65,775 SF 1.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Total area 65,775 SF
Lot 1.5 ac (65,340 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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