2115 Ridgeway Ave Cedar Falls, IA 50613
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 2115 Ridgeway Ave
- Year built
- 2002
- Property type
- Commercial real estate
- APN
- 8914-35-351-011
- APU
- 891435351011
Description
This exceptional 1.75-3.5 acre commercial land parcel, located at 2115 W Ridgeway Ave in Cedar Falls, Iowa (zip code 50613), presents a unique investment opportunity. Situated on a hard corner with high visibility, this property benefits from a newly installed traffic signal at the busy intersection of Hudson Rd and Ridgeway Ave. Its strategic location offers easy access to major transportation routes, including Highway 20 (just 1/4 mile north) and places it near the Cedar Falls Industrial Park and only two miles south of the University of Northern Iowa campus. The area boasts strong demographics, with Target and Amazon distribution centers located within a mile. The permitted zoning is Hwy 1 Commercial, allowing for flexibility in development. The property is suitable for a variety of uses, including convenience retail, medical office spaces, or other mixed-use developments. The asking price is $1,176,000, with a land value of $1,089,000 per acre. This high-traffic, high-visibility location offers significant potential for substantial returns. The site can accommodate a development as large as 3.5 acres or as small as 1.75 acres, providing flexibility to suit various project scopes.
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
- -92.4714
- Latitude
- 42.4701
- CBSA code
- 47940
- CBSA name
- WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
