Ridgeway Ave Waterloo, IA 50701
- Land
Current Use by Public Records
- Land
Property Details for 0 Ridgeway Ave
- Property type
- Land
Description
This exceptional 95,832 square foot commercial lot is strategically located in Waterloo, Iowa, off Ridgeway Avenue near Greyhound Drive. Boasting a highly visible location, this property presents a unique investment opportunity. The lot is zoned BP, ensuring flexibility for a variety of commercial developments. All necessary services and utilities are conveniently in place, simplifying the development process. Further enhancing its appeal, Tax Increment Financing (TIF) incentives are available to qualified buyers, potentially reducing development costs. The property's prime location and available incentives make it an attractive prospect for businesses seeking to establish a presence in a thriving area. The seller is open to exploring a third-party build-to-suit arrangement, offering additional flexibility for potential buyers. This presents a rare chance to acquire a substantial commercial lot in a desirable location with significant development potential. The land is priced at $4 per square foot, representing a compelling value proposition in the current market. This property is ready for immediate development, offering a significant return on investment for the right buyer. The Black Hawk County location provides easy access to major transportation routes and a strong local workforce. Don't miss this opportunity to secure a prime piece of Waterloo commercial real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.3961
- Latitude
- 42.4693
