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Property profile & analytics
OFF-MARKET
Land

3 Crossroads Blvd Waterloo, IA 50702

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional one-acre commercial land parcel, located at Lot 3 Crossroads Boulevard in Waterloo, Iowa (zip code 50702), presents a unique investment opportunity. Situated in Black Hawk County, this property is zoned S-1 and offers unparalleled visibility and accessibility due to its prime location along Crossroads Boulevard. The land is priced at a highly competitive $6 per square foot. The area boasts strong traffic counts, making it ideal for a variety of commercial developments. Noteworthy is the development of a high-end hotel on an adjacent lot (Lot 2), further enhancing the desirability and potential value of this location. The seller is open to dividing the site, offering flexibility for developers seeking smaller parcels. This property is ready for immediate development and represents a compelling opportunity to capitalize on a thriving commercial corridor in Waterloo. The latitude and longitude coordinates are 42.4639234 and -92.3239397 respectively. This is a rare chance to secure a highly desirable commercial lot in a rapidly developing area.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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