# 56 Acres HWY 218, Waterloo, IA 50702 > **TL;DR:** land, $1,456,000. Est. $7,787/mo. Listed 541 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 | Active | | Days on Market | 541 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,362 | | Estimated Insurance | $425 | | **Total** | **$7,787** | ## 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, -92.29043462 - **Google Maps:** https://www.google.com/maps?q=42.44007802,-92.29043462 ## Listing Agent - **Name:** Andrew Schoof - **Brokerage:** Structure Real Estate - **Broker Phone:** (319) 260-2016 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/56-Acres-Highway-218_Waterloo_IA_50702_M95848-53360?f=listhub&s=WCFBORIA&m=20252095&c=propsimple) ## Photos ![56 Acres HWY 218 - Photo 1](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f755935603r.jpg) ![56 Acres HWY 218 - Photo 2](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f1628565225r.jpg) ![56 Acres HWY 218 - Photo 3](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f2708272676r.jpg) ![56 Acres HWY 218 - Photo 4](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f2796685739r.jpg) ![56 Acres HWY 218 - Photo 5](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f2577798132r.jpg) ![56 Acres HWY 218 - Photo 6](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f3892071551r.jpg) ![56 Acres HWY 218 - Photo 7](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f2331202337r.jpg) ![56 Acres HWY 218 - Photo 8](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f3012502872r.jpg) ![56 Acres HWY 218 - Photo 9](http://lh.rdcpix.com/3dcf3f7668aacd486e89ff936f109f5cl-f2929881708r.jpg) --- **MLS#:** 20252095 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 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.ai/listing/56-acres-hwy-218-waterloo-ia-50702-60c80eba9fea460ba0e0c8c899f4b748) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/56-acres-hwy-218-waterloo-ia-50702-60c80eba9fea460ba0e0c8c899f4b748#listing", "url": "https://www.propertysimple.ai/listing/56-acres-hwy-218-waterloo-ia-50702-60c80eba9fea460ba0e0c8c899f4b748", "name": "56 Acres HWY 218, Waterloo, IA 50702", "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. 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