204 Ansborough Ave Waterloo, IA 50701
For Sale
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This exceptional 53-acre site, located at 204 Ansborough Ave, Waterloo, IA 50701, presents a unique redevelopment opportunity in Black Hawk County. Currently zoned M1, it's planned for a major transformation into a Planned Unit Development (PUD). This prime location near the heart of Waterloo offers unparalleled potential for a vibrant mixed-use development, incorporating elements such as sports and entertainment venues, residential spaces, and commercial areas. The vision is to create a dynamic "live, work, play" environment, leveraging the site's proximity to natural resources, parks, and trails to enhance its appeal. This project aims to attract talent and industry, revitalizing the area and establishing a pivotal entertainment destination for the Cedar Valley. The existing National Cattle Congress intends to retain a portion of the land for its continued operations, ensuring year-round events and activities focused on agriculture, arts, education, and leisure. This collaborative approach offers a unique chance for a developer to partner with a well-established organization to create a truly transformative project. The site's size and strategic location make it an ideal investment for a forward-thinking developer seeking to contribute to Waterloo's growth and prosperity. This is a chance to build a legacy for the next century.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.