3 Tower Park Dr Waterloo, IA 50701
- Land
- 1.60 lot acres
Current Use by Public Records
- Land
Property Details for 3 Tower Park Dr
- Lot size
- 1.60 lot acres
- Property type
- Land
Description
This exceptional 1.602-acre commercial lot, located at Lot 3 Tower Park Drive in Waterloo, Iowa (zip code 50701), presents a unique investment opportunity. Situated within a prime Waterloo business park, this property boasts a desirable BP zoning designation, allowing for a variety of commercial developments. The lot offers excellent highway visibility from Highway 20, ensuring high traffic exposure for any future business. Utilities are readily available, simplifying the development process. Furthermore, Tax Increment Financing (TIF) incentives may be available, potentially reducing development costs. The land is priced at $6 per square foot. The business park setting provides a strategic location with access to established infrastructure and a thriving business community. For developers seeking a build-to-suit option, this property offers the flexibility to create a custom-designed commercial space tailored to specific business needs. This is an exceptional chance to acquire a strategically located commercial lot with significant development potential in a growing area. The property's size and location make it ideal for a range of commercial ventures. Don't miss this opportunity to secure a prime piece of commercial real estate in Waterloo, Iowa.
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
- -92.3567
- Latitude
- 42.4557
