Affordable 2.31-acre commercial development opportunity on Alexandra Drive in Waterloo. With a low purchase price, City TIF Rebates, sewer and water to the site, C-2/C-Z zoning, and Highway 20 visibility, this property offers an excellent location for a variety of commercial uses. Its proximity to the Crossroads Mall redevelopment adds to the site's long-term potential. The property is zoned C-2 and C-Z, providing flexibility for a variety of commercial uses. Potential development opportunities may include automotive businesses and repair, recreational sports facilities, contractor/service businesses, mini-storage, and other commercial uses, subject to applicable zoning requirements. Located in an area benefiting from continued commercial investment, the property is in close proximity to the Crossroads Mall redevelopment, providing additional potential for increased traffic, visibility, and surrounding development. A versatile and competitively priced commercial site offering visibility, accessibility, utilities, and development potential in an evolving Waterloo commercial corridor.

"Based on information submitted to Northeast Iowa Regional Board of REALTORS as of October 10, 2026 6:54 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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Property Details of 2.31 Acres Alexandra Drive

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Property Details of 2.31 Acres Alexandra Drive

Property Details

Basic Information

Building

Location

Finance

Utilities and Appliances

Utilities and Appliances

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Skogman Realty