$1,456,000
$176K PRICE DROP

56 Acres Hwy 218 Waterloo, IA 50702

Waterloo Area

Estimated payment $8,215/month

Total Views 30,940
56.3 Acres
$25,861 Price per Acre
2,452,428 Sq Ft Lot

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.

Listing Agent

Andrew Schoof

Structure Real Estate License #B61908000 Listed on: 05/10/2025

Co-Listing Agent

Jessica Schoof

Structure Real Estate License #S6589700

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

Property Details

Property Type

Land

Est. Annual Taxes

$2,174

Lot Details

56.3 Acres

Listing Details

  • Parcel Number: 881218126039
  • Property Sub-Type: Unimproved Land
  • PropertyType: Land
  • Lot Size Acres: 56.3
  • Co List Office Mls Id: NBR425
  • Co List Office Phone: 319-260-2016
  • Co List Office Phone: 319-260-2016
  • MLS Status: ACTIVE
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: To Lot Line
  • Water Source: To Lot Line

Lot Info

  • Zoning: R-3
  • Lot Dimensions: Irreg
  • Lot Size Sq Ft: 2451557

Tax Info

  • Tax Annual Amount: 2173.76

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,826 $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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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®

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20252095

Northeast Iowa Regional Board of REALTORS®

APN: 8812-18-126-039

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