63 Hwy Waterloo, IA 50702
This exceptional 33,497.64 square foot commercial lot is situated in the thriving North Crossing Development in Waterloo, Iowa. Located conveniently on Highway 63, this property offers unparalleled visibility and accessibility. Zoned CP, this land presents a remarkable opportunity for businesses seeking expansion or a new location. The asking price is $334,976, translating to a highly competitive $10 per square foot land value. Its proximity to Unity Point Hospital makes it an ideal location for businesses catering to healthcare professionals or patients, as well as retail establishments serving the surrounding community. The lot's size provides ample space for a variety of commercial developments, from small retail spaces to larger professional office buildings. This prime location within a well-established development offers significant potential for growth and return on investment. The property is located in Black Hawk County, Iowa, with a Waterloo zip code of 50702. The coordinates are 42.4638414 latitude and -92.3172324 longitude. This is a rare opportunity to acquire a strategically located commercial lot in a rapidly growing area. Don't miss out on this chance to establish your business in a high-traffic, high-visibility location.
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.
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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.