5 Tower Park Dr Waterloo, IA 50701
- Land
- 1.29 lot acres
Current Use by Public Records
- Land
Property Details for 5 Tower Park Dr
- Lot size
- 1.29 lot acres
- Property type
- Land
Description
This exceptional 1.294-acre commercial lot is situated in Waterloo, Iowa's desirable Tower Park Drive business park, offering unparalleled visibility from Highway 20. Zoned BP, this parcel presents a unique opportunity for developers and businesses seeking a strategic location with excellent access and infrastructure. The lot's size allows for considerable flexibility in development plans, catering to a variety of commercial projects. Utilities are readily available, simplifying the construction process and minimizing upfront costs. Furthermore, the property benefits from Tax Increment Financing (TIF) incentives, making it an even more attractive investment. This prime location within the business park provides easy access to major transportation routes, ensuring convenient commutes for employees and efficient logistics for businesses. The asking price reflects a land value of $6 per square foot, representing a competitive investment in a thriving Iowa market. The property is ready for immediate development, presenting a rare chance to secure a highly visible and strategically located commercial lot in a rapidly growing area. Detailed zoning information and TIF incentive specifics are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.3657
- Latitude
- 42.4561
