5 Prairie Pkwy Cedar Falls, IA 50613
- Land
- 1.60 lot acres
Current Use by Public Records
- Land
Property Details for 5 Prairie Pkwy
- Lot size
- 1.60 lot acres
- Property type
- Land
Description
This exceptional 1.6-acre commercial lot, located at Lot 5 Prairie Parkway in Cedar Falls, Iowa (zip code 50613), presents a compelling investment opportunity. Priced at $557,569, or $8 per square foot, this property boasts a highly desirable location with strong visibility from a nearby roundabout. Its MU zoning designation offers considerable flexibility for a range of commercial developments. The lot's strategic position across from the Unity Point campus ensures high traffic and excellent exposure. This property's prime location and zoning make it ideal for businesses seeking a high-profile presence in a thriving community. Furthermore, the possibility of combining this lot with adjacent parcels to create a larger 8.6-acre development significantly enhances its potential. This presents a unique chance to acquire a substantial commercial land holding in a rapidly growing area of Cedar Falls. The coordinates for this property are latitude 42.4918676 and longitude -92.4345704. 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
