12 Acres Cedar Hts Dr Cedar Falls, IA 50613
This exceptional 12-acre parcel, situated on Cedar Heights Drive in Cedar Falls, Iowa, presents a remarkable opportunity for multi-family development. Zoned MU, this expansive lot offers significant potential for a high-density residential project. The property's strategic location provides convenient access to Viking Road and its associated retail amenities, ensuring residents enjoy a vibrant and convenient lifestyle. Priced competitively at $3.50 per square foot, this land represents an attractive investment with strong potential for substantial returns. The address is 12 Acres Cedar Heights Drive, Cedar Falls, IA 50613. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a large, well-located parcel in a thriving Iowa community. Don't miss out on this chance to build a successful multi-family development in a desirable area. The property's size and zoning make it ideal for a variety of multi-family housing options, catering to a diverse range of potential residents. Its proximity to retail amenities further enhances its appeal and potential for high occupancy rates. Serious inquiries are encouraged.
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.