Technical
Financial
Distress signals
Property profile

3 Prairie Pkwy Cedar Falls, IA 50613

OFF-MARKET
Land
1.2 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3 Prairie Pkwy Cedar Falls, IA 50613
Cedar Falls metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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