2 Prairie Pkwy Cedar Falls, IA 50613
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.
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
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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.