1 Pinnacle Pr Cedar Falls, IA 505613
This exceptional 17.7-acre parcel presents a remarkable opportunity for residential development in the thriving Cedar Falls, IA market. Zoned MU, this property offers significant potential, with preliminary estimates suggesting the possibility of creating up to 39 individual lots. The land is priced competitively at $2.50 per square foot, representing a compelling investment in a high-demand area. Convenient access from Rownd Street ensures excellent connectivity for future residents. The expansive lot size provides ample space for a thoughtfully planned community, catering to the growing need for housing in Cedar Falls. Detailed site plans and feasibility studies can be provided upon request, allowing potential buyers to fully assess the development potential of this exceptional property. Located in the 50613 zip code, this land offers a strategic location within Cedar Falls, providing easy access to local amenities, schools, and transportation networks. This is a rare opportunity to acquire a substantial tract of land ideally suited for residential development in a desirable and rapidly growing community. The asking price for this prime development opportunity is $1,927,530. Serious inquiries are encouraged.
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
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.