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Property profile & analytics
OFF-MARKET
Land

0 San Marnan Dr Waterloo, IA 50701

2.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.3-acre commercial lot presents a compelling investment opportunity in Waterloo, Iowa. Strategically located in a prime business park setting, this property boasts unparalleled visibility due to its position between US Highway 20 and the major arterial San Marnan Drive, experiencing an average daily traffic count of 22,000 vehicles. The lot is zoned R-4 and R-P, offering flexibility for a variety of commercial developments. All necessary utilities are readily available, and the City of Waterloo offers Tax Increment Financing (TIF) incentives to qualified projects, further enhancing the financial attractiveness of this opportunity. The asking price is $776,457, translating to a price per square foot of $7.75. The property's APN is 881309201027. This high-traffic location, combined with available incentives and excellent highway visibility, makes this a truly exceptional opportunity for commercial development in a thriving Iowa market. The address is San Marnan Drive, Waterloo, IA 50701, within Black Hawk County.

Property profile
Verified
Property type Land
Lot 2.3 ac (100,188 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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