2225 E Shaulis Rd Waterloo, IA 50701
For Sale
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This exceptional commercial land opportunity is located in Waterloo, Iowa, at 2225 E Shaulis Rd, 50701, boasting unparalleled visibility and accessibility. Situated near the intersection of I-380, Hwy 20, and Hwy 218, this property benefits from high traffic counts and proximity to major transportation arteries. The land is zoned CP and offers flexible lot sizes, ranging from one to fifty-six acres, with the potential for up to 100 acres. The asking price is $217,800 per acre. This prime location places your business in the heart of Waterloo's entertainment zone, alongside renowned attractions such as Lost Island Waterpark (USA Today's #3 rated outdoor waterpark), Lost Island Theme Park, The Isle Casino, Hawkeye Community College, South Hills Golf Course, and Bamboo Ridge KOA. The property is ideally suited for family entertainment, hospitality, restaurant, and retail ventures. Developers are encouraged to explore build-to-suit options, subject to seller approval of land use, site plan, and exterior elevations. Improved land pricing starts at $5 per square foot. This is a unique chance to establish a thriving business in a high-growth area with significant existing foot traffic and tourism.
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First Aid First Aid Station
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Lost Island Waterpark & Adventure Golf & Go-Karts Water Park Amusement Park
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.