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$ 928,325
Est. payment | /mo
1.7 Acres Lot
$ 928,325
Est. payment | /mo
1.7 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 610851
HOA Y/N No
Annual Tax Amount $1,506
Lot Size 1.700 Acres
Acres 1.7
Property Description
This is a 1.704-acre flat commercial site on E University Ave in Pleasant Hill. It sits at a lighted intersection that sees about 23,910 vehicles per day, so it gets strong visibility and steady traffic. The lot is zoned C-2 and is ready for retail, restaurant, convenience, service, or office use. Being flat, it should be easier and cheaper to build on.
You can get to Highway 65 quickly (28,600 VPD), so the site is easy to reach from across the east side of the metro. Southeast Polk High School is close by, with about 2,060 students. That brings consistent weekday traffic and a built-in customer base for food, fuel, and convenience uses.
A tax abatement is available, which helps lower your holding and operating costs after you build.
The site is offered for sale at $12.50/SF, which works out to about $928,000. It's also available for lease at a negotiable rate. Build-to-suit or ground lease structures can be discussed.
You can get to Highway 65 quickly (28,600 VPD), so the site is easy to reach from across the east side of the metro. Southeast Polk High School is close by, with about 2,060 students. That brings consistent weekday traffic and a built-in customer base for food, fuel, and convenience uses.
A tax abatement is available, which helps lower your holding and operating costs after you build.
The site is offered for sale at $12.50/SF, which works out to about $928,000. It's also available for lease at a negotiable rate. Build-to-suit or ground lease structures can be discussed.
Location
State IA
County Polk
Area Pleasant Hill
Zoning C-2
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 221/00212-932-000
Monthly Total Fees $125
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Stanbrough Realty Company
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Brenda Zobel-Moody