0 Mccoy Rd Elk Run Heights, IA 50707
This exceptional 30.66-acre parcel presents a remarkable opportunity for residential development in the thriving Evansdale, Iowa community. Located on McCoy Road, this U-1 zoned land offers unparalleled potential for creating a vibrant new residential community. Its expansive size allows for a significant number of lots, catering to a diverse range of housing needs. The property's strategic location provides convenient access to essential amenities and services. Families will appreciate the proximity to Poyner Elementary School, Bunger Middle School, and Elk Run Heights Pre-School, ensuring easy access to quality education. Recreational opportunities abound with Elk Run Heights Park nearby, offering green spaces and recreational activities. Commuting to nearby Waterloo and Cedar Falls is also a breeze, making this location highly attractive to potential residents. The asking price for this exceptional property is $390,000. This represents a significant investment opportunity with the potential for substantial returns. Don't miss this chance to acquire a prime piece of land in a rapidly growing area. Detailed zoning information and development plans are available upon request. Act quickly, as opportunities like this are rare.
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
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.