56 Acres Hwy 218 Waterloo, IA 50702
Estimated payment $7,817/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,174
Lot Details
- 56.3 Acre Lot
- Property is zoned R-3
Listing and Financial Details
- Assessor Parcel Number 881218126039
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,804 | $121,870 | $121,870 | $0 |
| 2024 | $1,804 | $95,170 | $95,170 | $0 |
| 2023 | $1,560 | $95,170 | $95,170 | $0 |
| 2022 | $1,514 | $76,630 | $76,630 | $0 |
| 2021 | $1,532 | $82,740 | $82,740 | $0 |
| 2020 | $1,514 | $78,900 | $78,900 | $0 |
| 2019 | $1,514 | $78,900 | $78,900 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Price Changed | $1,456,000 | -10.8% | -- |
| 05/10/2025 05/10/25 | For Sale | $1,632,120 | -- | -- |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20252095
APN: 8812-18-126-039
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