Technical
Financial
Distress signals
Property profile

5-6 Nordic Dr Cedar Falls, IA 50613

OFF-MARKET
Land
1.43 ac lot
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Property summary

AI-generated overview

This exceptional 1.43-acre commercial land parcel, located at Lots 5-6 Nordic Drive in Cedar Falls, Iowa (zip code 50613), presents a prime development opportunity. Zoned M-1, this property offers significant potential for a variety of commercial uses. Situated along Highway 58, the land boasts unparalleled visibility and accessibility, benefiting from high traffic counts and excellent signage opportunities. Its proximity to the new Super Target further enhances its desirability and potential for attracting customers. The land is priced competitively at $4.00 per square foot. This strategic location, combined with the favorable zoning and high traffic volume, makes this an ideal site for businesses seeking strong exposure and a thriving commercial environment in a rapidly growing area of Cedar Falls. Additional land is available in the vicinity at varying prices, providing flexibility for larger-scale development projects. Black Hawk County's robust economy and supportive business climate make this a compelling investment opportunity. The property's coordinates are 42.4800769 latitude and -92.447617 longitude.

Property profile

Verified
Property type Land
Lot 1.43 ac (62,291 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5-6 Nordic Dr Cedar Falls, IA 50613
Cedar Falls metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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