0 Bluegrass Cir Waterloo, IA 50613
This exceptional 2.2-acre parcel of land presents a remarkable opportunity for developers seeking a prime location in Waterloo, Iowa. Situated on Bluegrass Circle in Black Hawk County, zip code 50613, this property boasts a Mixed Use (MU) zoning designation, opening doors to a variety of commercial or multi-family residential development possibilities. The land is priced at $4 per square foot, representing a compelling value for its size and potential. Located within an established neighborhood, this site offers excellent visibility and accessibility, making it an attractive proposition for businesses or residential developers. The existing infrastructure and proximity to amenities further enhance its appeal. The 2.2-acre lot provides ample space for a substantial project, allowing for creative design and efficient utilization of the land. This is a rare opportunity to acquire a sizable, well-positioned lot in a thriving area, promising significant returns on investment. The property's strategic location and flexible zoning make it an ideal canvas for a variety of development projects, catering to the growing needs of the community. Don't miss this chance to secure a piece of Waterloo's promising future. The coordinates are 42.4950739 latitude and -92.4367714 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.