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    8605 Valley Pkwy Johnston, IA 50131

    For Sale
    $2,500,000

    LAND - Johnston, IA

    Lot size:
    26.50 Acres
    Days on Market:
    313
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 8605 Valley Pkwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1
    APN
    24100372500121
    Lot size
    26.50 Acres

    Utilities

    Water source
    Public

    LPT Realty, LLC (515) 669-4010 [email protected]

    Listing agent Randy Clarkson (877) 366-2213

    Listing date Jan 30, 2025

    MLS# 711132 Listing URL

    Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Johnston, Iowa

    The property consists of two adjoining parcels of land, one measuring 5.5 acres and the other 20.5 acres, for a total of 26.5 acres. Located in Johnston, Iowa, the land is zoned C1, offering a variety of commercial development possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Polk
    State
    Iowa
    Longitude
    -93.737252
    Latitude
    41.69148

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    FAQs

    What type of property is this?
    Commercial land - Two adjoining parcels with commercial options in Johnston, Iowa.
    Where is this commercial land located?
    The property is located at 8605 Valley Pkwy Johnston, IA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Two adjoining parcels totaling 26 acres, offering ample space and potential.; - Commercial options available, making this property a versatile investment.; - 20.5 acre parcel included, providing a substantial portion of the total acreage.
    (877) 366-2213
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8605 Valley Pkwy Johnston, IA 50131
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