For sale

$1,499,000

Est. $9,931/mo

Land

•

2.10

acres (lot)

Hwy 63 Land, Waterloo, IA 50703

About this home

Prime commercial development opportunity in Waterloo, Iowa. This 2.10-acre C-2 zoned lot offers extremely rare quadruple frontage, providing maximum visibility and access from multiple directions. Strategically positioned at two signalized intersections and between two one-way streets feeding directly into the Highway 63 corridor, the site ensures outstanding exposure with the potential for multiple access points. With 22,230 VPD (Vehicles Per Day), this property presents a premier opportunity for users seeking a high-profile presence along a dominant commercial corridor. Ideal for service-based uses, gas stations, or car-wash sites.

Vacant landProperty Type

2.1 acresLot Size

$713,810Price/Acres

Listed by Lindsey McEnaney • Lockard Realty Company

Listing updated: Oct 28, 2026 at 09:48am

Redfin checked: a minute ago

•Source:NEIRBR as distributed by MLS GRID #20264849

Payment calculator

$9,931 per month

Principal and interest$7,970

Property taxes

$1,387

HOA dues

Home insurance

$575

Utilities

Add

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 11AM TO 12PM
$245,000
3 beds2 baths1,810 sq ft
422 N 3rd Street St, Raymond, IA 50667
0.61 acre lot • Garage • Built 1982
OPEN SUN, 11:30AM TO 12:30PM3D WALKTHROUGH
$160,000
3 beds1 bath1,590 sq ft
319 Belmont Ave, Waterloo, IA 50701
9,200 sq ft lot • Garage • Built 1946
OPEN SUN, 12PM TO 1:30PMVIDEO TOUR
$227,000
3 beds1.5 baths1,312 sq ft
3525 Homeway Dr, Cedar Falls, IA 50613
0.29 acre lot • Garage • Built 1956
OPEN SUN, 12PM TO 1PM3D & VIDEO TOUR
$289,900
4 beds2 baths2,252 sq ft
4013 Sturgis Dr, Cedar Falls, IA 50613
8,450 sq ft lot • Garage • Built 1977
OPEN SUN, 12PM TO 1PM
$124,900
1 bed1 bath504 sq ft
1527 Dearborn Ave, Waterloo, IA 50707
0.27 acre lot • Garage • Built 1948
OPEN SUN, 12PM TO 1PM3D WALKTHROUGH
$269,900
4 beds2 baths2,000 sq ft
844 Nancy Rd, Waterloo, IA 50701
9,709 sq ft lot • Garage • Built 1976
OPEN SUN, 1:15PM TO 2:15PMVIDEO TOUR
$234,900
3 beds2 baths1,644 sq ft
2618 Highview Ave, Waterloo, IA 50702
0.26 acre lot • Garage • Built 1960
OPEN SUN, 1:30PM TO 2:30PM
$375,000
3 beds2 baths1,660 sq ft
2212 Erik Rd, Cedar Falls, IA 50613
0.4 acre lot • Garage • Built 2004
OPEN SUN, 2PM TO 3PM
$239,900
3 beds2 baths1,556 sq ft
1616 Pin Oak Dr, Cedar Falls, IA 50613
0.28 acre lot • Garage • Built 1958
OPEN SUN, 2PM TO 3PM
$345,000
4 beds2.5 baths2,677 sq ft
241 Kenilworth Rd, Waterloo, IA 50701
9,373 sq ft lot • Garage • Built 1938

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Around this home

Schools

K - 12
Preschool & daycare

Fred Becker Elementary School

Public PreK-5 • Assigned • 2.6mi

5/10

Central Middle School

Public 6-8 • Assigned • 3.2mi

2/10

West High School

Public 9-12 • Assigned • 2.3mi

3/10

Provided by GreatSchools

About Franklin

Gateway

Franklin Gateway, located between Franklin Street and the Cedar River, is a residential and commercial Waterloo neighborhood with a river-edge setting and a grid of older streets. The neighborhood’s character concentrates around Franklin Street near the river crossings, where small storefronts, service counters, and everyday errands set a steady street rhythm. Housing reads as modest Midwestern stock—compact single-family homes and small multifamily buildings—mixed with light commercial corridors. The Cedar River and nearby trails shape the pace, with green space and water views framing walks and bike rides. Cultural anchors nearby include the Waterloo Center for the Arts, the Sullivan Brothers Iowa Veterans Museum, and the Grout Museum District.

Provided by Walk Score and Local Logic

Property details

Exterior

Exterior features
Additional parcels available
C-2 zoning

Home design
Land

Sale and tax history for Hwy 63 Land

Sale History
Tax History

Date

Event

Price

NEIRBR as distributed by MLS GRID #20264849

Oct 6, 2026

Listed

$1,499,000

NEIRBR as distributed by MLS GRID #20255994

Dec 17, 2025

Listed

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

40 ft.

Lot depth

150 ft.

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Black Hawk County

APN

891333352006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 27, 2026.

C-2

Commercial District

The C-2 District is intended to provide for areas of the community which are developed or will be soon as moderate intensity commercial area. These areas are often associated with the major traffic arteries and highways located within the community. Any outside storage of materials or equipment shall be limited and clearly incidental and accessory to the Principal Permitted Use, and shall not include the outside storage of junk or salvage material or similar debris. Outside storage of materials or equipment shall not be permitted in a front yard. This provision shall not restrict the outside storage of nursery, landscaping and garden material, and licensed and operable vehicles, or unlicensed operable vehicles for sale, that are accessory and clearly incidental to the Principal Permitted Use. This provision shall not restrict other outside display areas when such display areas display items that can be legally sold by a commercial business on the property and when the display area does not exceed an area equal to the area occupied by the buildings on a property.

Permitted uses

Include but are not limited to:

Gas station
Convenience store
General retail
Retail-Grocery
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Hotel / motel
Office

Historical weather

Waterloo, IA • 50703

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

97/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 24% for direct sun exposure in Waterloo. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.4 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for Hwy 63 Land

$1,448,504

$50K under list price of $1.50M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $153K to $215K.

SOLD JUL 27, 2026
$215,000 Last sold price
3 beds2.5 baths2,508 sq ft
125 Home Park Blvd, Waterloo, IA 50701
smaller lot
basement
SOLD SEP 17, 2026
$209,000 Last sold price
4 beds2 baths1,950 sq ft
1001 Kimball Ave, Waterloo, IA 50702
smaller lot
basement
SOLD AUG 31, 2026
$170,000 Last sold price
3 beds2 baths1,260 sq ft
100 Home Park Blvd, Waterloo, IA 50701
smaller lot
basement
SOLD SEP 24, 2026
$187,900 Last sold price
3 beds1 bath1,237 sq ft
1815 W 7th St, Waterloo, IA 50702
smaller lot
basement
SOLD OCT 7, 2026
$165,000 Last sold price
2 beds1.5 baths1,274 sq ft
1222 Wallgate Avenue Ave, Waterloo, IA 50701
smaller lot
basement
SOLD SEP 24, 2026
$153,000 Last sold price
2 beds1 bath1,117 sq ft
1023 Western Ave, Waterloo, IA 50702
smaller lot
basement

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NEW 10 HRS AGO3D WALKTHROUGH

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NEW 1 DAY AGO

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6,500 sq ft lot • Garage • Built 1940

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Surveyed parcel • Zoned r-2 • Huge backyard

FOR SALE BY OWNER

$320,000

— beds2 baths— sq ft

2014 Upton Ave, Waterloo, IA 50701

New roof • New siding • Updated windows

OPEN SUN, 2PM TO 3PM

$345,000

4 beds2.5 baths2,677 sq ft

241 Kenilworth Rd, Waterloo, IA 50701

Cozy fireplace • Backyard deck • 9,373 sq ft lot

$830,000

4 beds4 baths4,372 sq ft

1639 W Schrock Rd, Waterloo, IA 50701

Countryside views • Dedicated office • Main floor laundry

Details provided by NEIRBR as distributed by MLS GRID and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Interested in buying?

Around this home

Schools

Property details

Sale and tax history for Hwy 63 Land

Public record

Historical weather

Sun exposure

Redfin Estimate for Hwy 63 Land

Nearby similar homes

New listings for sale in 50701

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