Sold
Last Sold Price
2,150,122 Lot Size49.36 Acres

La Porte Road,Ā Waterloo, IAĀ 50702

LandProperty Type
49.36 acresLot Size

Description

Introducing a rare and remarkable investment offering in the heart of Iowa, presenting almost 50 acres of prime land elegantly zoned R-3 for commercial real estate development. Nestled within a region known for its natural beauty and thriving communities, this expansive parcel offers an exceptional canvas for visionary developers, investors, and entrepreneurs seeking to shape the landscape of tomorrow. Don't miss out on this extraordinary opportunity to secure a substantial tract of zoned R-3 commercial...Introducing a rare and remarkable investment offering in the heart of Iowa, presenting almost 50 acres of prime land elegantly zoned R-3 for commercial real estate development. Nestled within a region known for its natural beauty and thriving communities, this expansive parcel offers an exceptional canvas for visionary developers, investors, and entrepreneurs seeking to shape the landscape of tomorrow. Don't miss out on this extraordinary opportunity to secure a substantial tract of zoned R-3 commercial real estate in the heart of Iowa's burgeoning landscape. Envision the possibilities, seize the potential, and be a catalyst for growth in a community primed for progress. Inquire today to embark on a journey toward crafting a lasting legacy on nearly 50 acres of pristine land.
Listing closed: 10/17/2024 12:00 AM • Source: Northeast Iowa Regional BOR, MLS#: 20233525
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Recent comparable sales

Median sold price

$116,250

Avg days on market

164

Sale-to-list ratio

2112726.6%

Waterloo, IA

9 comparable properties found

$31,500 | Lot 100 San Salvador Drive, Waterloo, IA 50702
1/2
1

$31,500

Sold 06/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.26
Acres
$103,672 | Outlot I East San Marnan Drive, Waterloo, IA 50702
1/2
2

$103,672

Sold 06/11/25

Unavailable
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Square Feet
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Acres
$699,900 | 1111 Langley Road, Waterloo, IA 50702
1/27
3

$699,900

Sold 10/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,368
Square Feet
0.00
Acres
$1,402,632 | Lot 9 San Marnan Drive, Waterloo, IA 50702
1/2
4

$1,402,632

Sold 06/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.59
Acres
$116,250 | 7.49 Acres South Of Orange Road, Waterloo, IA 50701
1/3
5

$116,250

Sold 10/22/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.49
Acres
$175,000 | 4.07-acres East Orange Road, Waterloo, IA 50701
1/5
6

$175,000

Sold 12/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.61
Acres
$22,000 | Lot 9 Campbell Avenue, Waterloo, IA 50701
1/2
7

$22,000

Sold 12/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
$50,000 | Lot 63 Wren Road, Waterloo, IA 50701
1/5
8

$50,000

Sold 11/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
$827,320 | 0 County Road 18, Waterloo, IN 46793
1/6
9

$827,320

Sold 12/29/25

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
63.64
Acres

Location

Listing Courtesy of AWRE - Commercial & Development

Sold By Lepic-Kroeger, Realtors

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Payment Calculator

$5,011 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,875

Property Taxes

$136

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
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Property Information for La Porte Road

Property Details

  • Taxes: $1,630 / year
  • MLS Type: Land / Unimproved Land
  • Zoning: R-3
  • Zoning Description: R-3

Building Information

  • Lot Size: 49.36 AC

Summary

Taxes and HOA
  • Additional Parcels: Yes
  • Parcel Number: 881311226004
  • Tax Annual Amount: $1,630.00
  • Tax Assessed Value: 94220
Parking
  • Garage: No

Property

Lot Information
  • Lot Size Acres: 49.36
  • Lot Size Dimensions: 2, 150, 122 SF
  • Lot Size Square Feet: 2150122.0
Property and Assessments
  • Property Sub Type: Unimproved Land
  • Property Type: Land
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Property History for La Porte Road

DateEvent & SourcePriceAppreciation
Oct 17, 2024

Sold

Northeast Iowa Regional BOR #20233525

$913,150—
Jul 11, 2024

Contract Signed

Northeast Iowa Regional BOR #20233525

—
Aug 18, 2023

Listed (Active)

Northeast Iowa Regional BOR #20233525

$2,200,000—
DateEvent & SourcePrice
10/17/2024

Sold

Northeast Iowa Regional BOR #20233525

$913,150
07/11/2024

Contract Signed

Northeast Iowa Regional BOR #20233525

—
08/18/2023

Listed (Active)

Northeast Iowa Regional BOR #20233525

$2,200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near La Porte Road

This home is within Waterloo Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Kittrell Elementary School
PublicPK to 5

Hoover Middle School
Public6 to 8

West High School
Public9 to 12

Expo Alternative Learning Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: La Porte Road, Waterloo, IA 50702
$913,150
–
–
–
2,150,122
$329,900
2
1,420
–
$269,900
3
2,028
–
$269,000
3
2,028
–
–
3
5
1,615
–
–
3
5
1,615
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AWRE - Commercial & Development

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Based on information submitted to the MLS GRID as of 10/18/2024 07:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.