# 56 Acres HWY 218, Waterloo, IA 50702

> **TL;DR:** land, $1,456,000. Est. $6,309/mo. Listed 335 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,456,000 |
| Lot Size | 2,452,428 sqft (56.30 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 335 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,309 |
| **Total** | **$6,309** |

## Property Highlights

- 56.30 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 56 Acres HWY 218, Waterloo, IA 50702
- **County:** Black Hawk
- **Coordinates:** 42.44007802, -92.29043461
- **Google Maps:** https://www.google.com/maps?q=42.44007802,-92.29043461

## Listing Agent

- **Name:** Andrew Schoof
- **Brokerage:** Structure Real Estate
- **Phone:** 3192397805
- **Email:** andrew.schoof@gmail.com

## Primary Photo

![56 Acres HWY 218 - Primary Photo](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f755935603r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/56-acres-hwy-218-waterloo-ia-50702-20252095)*

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**MLS#:** 20252095 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/56-acres-hwy-218-waterloo-ia-50702-20252095)

---

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