1 Prairie Pkwy Cedar Falls, IA 50613
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details for 1 Prairie Pkwy
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Falls
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.4346
- Latitude
- 42.4919
