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Property profile & analytics
OFF-MARKET
Land

2 Prairie Pkwy Cedar Falls, IA 50613

1.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.2-acre commercial lot, located at Lot 2 Prairie Parkway in Cedar Falls, Iowa (zip code 50613), presents a compelling investment opportunity. Priced at $365,904, or $7 per square foot, this property boasts a highly desirable location with strong visibility from a nearby roundabout. Its MU zoning designation opens doors to a variety of commercial uses. The lot's strategic position across from the Unity Point campus ensures high traffic and excellent exposure for any business. This property offers significant potential for development, and its size is particularly attractive for businesses requiring ample space. Furthermore, the possibility of combining this lot with adjacent parcels to create a larger 8.6-acre development site adds considerable value and flexibility. The coordinates for this property are latitude 42.4918676 and longitude -92.4345704. This is a rare opportunity to acquire a prime commercial lot in a thriving Iowa community. Don't miss out on this chance to secure a valuable asset in a high-demand area.

Property profile
Verified
Property type Land
Lot 1.2 ac (52,272 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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