3 Crossroads Blvd Waterloo, IA 50702
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.
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
Similar Nearby for Sale
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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.