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Property profile & analytics
OFF-MARKET
Land

1 Prairie Pkwy Cedar Falls, IA 50613

1.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.5-acre commercial lot in Cedar Falls, Iowa, presents a unique investment opportunity. Located at Lot 1 Prairie Parkway, 50613, this property boasts a prime location with strong visibility from a roundabout directly across from the Unity Point campus. The asking price is $588,060, translating to a competitive $9 per square foot land value. The lot is zoned MU, offering flexibility for a variety of commercial developments. A significant advantage is the potential for expansion. This lot can be combined with adjacent properties to create a larger development site of up to 8.6 acres, significantly increasing development potential and overall return on investment. The property's strategic location near a major healthcare facility and its high visibility make it an ideal site for businesses seeking strong exposure and convenient access. This is a rare chance to acquire a well-positioned commercial lot in a thriving Iowa community. The coordinates are 42.4918676 latitude and -92.4345704 longitude. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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