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Property profile & analytics
OFF-MARKET
Land

0 Mccoy Rd Elk Run Heights, IA 50707

30.66 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 30.66 ac (1,335,550 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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