3 Prairie Pkwy Cedar Falls, IA 50613
- Land
- 1.20 lot acres
Current Use by Public Records
- Land
Property Details for 3 Prairie Pkwy
- Lot size
- 1.20 lot acres
- Property type
- Land
Description
This exceptional 1.2-acre commercial lot, located at Lot 3 Prairie Parkway in Cedar Falls, Iowa (zip code 50613), presents a compelling investment opportunity. Priced at $365,904, or $7 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 presents a unique chance to establish a business in a thriving area with a strong healthcare presence. Furthermore, the property's potential is amplified by the possibility of combining it with adjacent lots, allowing for expansion up to a total of 8.6 acres. This provides significant scalability for larger-scale commercial projects. The coordinates for this property are latitude 42.4918676 and longitude -92.4345704. This prime commercial land offers a rare blend of location, size, and potential, making it an ideal investment for discerning buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Falls
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.4346
- Latitude
- 42.4919