Incredible development opportunity in Waterloo, IA—56.28 acres of undeveloped land located just off Highway 218. This property spans four parcels and includes a concept plan for 91 residential lots. All parcels to be sold together. Utility access off E Shaulis Rd. With excellent access, visibility, and proximity to local amenities, this site is perfectly positioned for future growth in a high-demand area. As an added benefit, the development could qualify for 50% tax rebates over 10 years to assist with infrastructure costs Don’t miss your chance to shape the next phase of development in Waterloo.
Lot/land
$1,456,000
56 Acres Hwy #218, Waterloo, IA 50702
--beds
--baths
56.3Acres
Unimproved Land
Built in ----
56.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Undeveloped landExcellent access
- 478 days
- 56
- 1
Zillow last checked:
Listing updated:
Listed by:
Andrew Schoof 319-239-7805,
Structure Real Estate,
Jessica E Schoof 319-939-7784,
Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20252095
Facts & features
Property
Lot
- Size: 56.3 Acres
Details
- Parcel number: 881218126039
- Zoning: R-3
Utilities & green energy
- Sewer: To Lot Line
- Water: To Lot Line
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Tax assessed value: $153,560
- Annual tax amount: $2,173
- Date on market: 5/9/2025
- Cumulative days on market: 478 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Price change | $1,456,000-10.8% |
Source: | ||
| 5/9/2025 | Listed for sale | $1,632,120 |
Source: | ||
Public tax history
Tax history is unavailable.



