Mudd Development
915 Technology Pkwy Suite 100, Cedar Falls, IA 50613
Cedar Falls, Iowa, United States
Address
City: Cedar Falls
Neighborhood: Cedar Falls Junction
State: Iowa
Postal Code: 50613
Country: United States
Business facts
Estimated annual revenue~$69.2M
Estimated employees~8
Annual payroll (2021)~$8.9M
In business since2021 (est.)
Based on reported payroll data
Area statistics (50613)
Population43,732
Median household income$72,239
Source: US Census ACS
About
Mudd Development is a collaborative team specializing in real estate development and leasing opportunities. With a focus on the Cedar Valley and clients across the USA, they are dedicated to taking real estate to the next level. Their synergistic approach ensures a successful and innovative partnership with their clients.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a stable category (Commercial real estate).
EstimateCategory trend: 2024, +1.9%
Revenue trend (modeled)
~$52.2M2019
~$55.0M2020
~$62.9M2021
~$68.7M2022
~$66.2M2023
~$69.2M2024
Modeled from official industry statistics+5.8%/yr since 201980% confidence band: ±42%
Property
Lot size3.27 acres
CountyBlack_hawk
Parcel ownerSIX KIDS L L C
On this lotshared with 7 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$1.9M · 130 jobs reported · implies ~$8.9M annual payroll · $1.9M forgiven
Second PPP loan (2021)$1.9M · 102 jobs reported · $1.9M forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Commercial real estate in Iowa | 187 | ~$495.7M | ~$2.7M | ~$399.0K | 4.9★ | 173× |
Category revenue trend2024: +1.9%2023: -8.8%2022: +6.6%2021: +18.6%Modeled from business-level estimates
Chain pressure86 chains expanding in this category, led by Iowa Realty, Tom Kaut, Remax (+306 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 65 | ~$615.6M | ~$9.5M | ~$2.1M | 1,181 | ~$153.8M | 33× |
| Professional, scientific and technical activities | 5 | ~$19.5M | ~$3.9M | — | 63 | — | — |
| Real estate activities | 2 | ~$70.4M | ~$35.2M | — | 11 | — | — |
| Construction | 1 | ~$2.3M | ~$2.3M | — | 8 | — | — |
1 km area (all businesses): median from the 49 of 65 businesses with estimates
Estimate
Area conditions (50613)
Population43,732 ±568
Median household income$72,239 ±$5,279
Median home value$250,000
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS