Technical
Financial
Distress signals
Property profile

0 Hiawatha Rd Cedar Falls, IA 50613

OFF-MARKET
Land
46.25 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 46.25-acre parcel in Cedar Falls, Iowa, presents a remarkable investment opportunity. Currently zoned R-1 & A-1, this shovel-ready subdivision is fully approved and poised for immediate development. Phase I is meticulously planned with 33 residential lots encompassing 15.15 acres, leaving an additional 31+ acres for future expansion, providing significant long-term growth potential. The property's strategic location is ideally positioned to benefit from proposed Tax Increment Financing (TIF) funds currently under consideration by the City Council. This development is perfectly suited for local builders seeking expansion opportunities or out-of-town developers looking to enter the thriving Cedar Falls market. All necessary approvals are in place, eliminating lengthy permitting processes and allowing for a swift commencement of construction. The existing infrastructure layout minimizes upfront costs and maximizes efficiency. Located on Hiawatha Rd, Cedar Falls, IA 50613, in Black Hawk County, this property offers unparalleled convenience and accessibility. This is a truly turnkey project ready for immediate development, promising substantial returns for the discerning investor. The property's size and zoning provide flexibility for a variety of residential development options. Don't miss this golden opportunity to acquire a highly desirable and strategically located development site. The asking price is $2,135,000.

Property profile

Verified
Property type Land
Lot 46.25 ac (2,014,650 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hiawatha Rd Cedar Falls, IA 50613
Cedar Falls metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Hiawatha Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message