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    5800 Merle Hay Rd Johnston, IA 50131

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    For Lease
    $14 SF/Yr ($1,605 /Mo)

    Turnkey retail space with high visibility and ample parking.

    Property size:
    1,376 SF
    Lot size:
    16.14 Acres

    Property Features for 5800 Merle Hay Rd

    General Information

    Size
    1,376 SF
    Lot size
    16.14 Acres

    Source: Knapp Properties, L.C. Agent Angie Tessau

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Merle Hay

    This retail space, formerly occupied by Big Acai, is located along the busy Merle Hay corridor in Johnston. The property offers a turnkey layout and benefits from strong traffic counts, ample parking, and a location surrounded by thriving retail and dining options. The property has a size of 1376 square feet, offering potential for various business uses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Polk
    State
    Iowa
    Longitude
    -93.6989837
    Latitude
    41.6662953

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    FAQs

    What type of property is this?
    Retail space - Turnkey retail space with high visibility and ample parking.
    Where is this retail space located?
    The property is located at 5800 Merle Hay Rd Johnston, IA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime visibility along Johnston’s busy Merle Hay corridor.; - Turnkey layout ready for immediate occupancy.; - Strong traffic counts ensuring high exposure.
    (515) 222-5218
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    5800 Merle Hay Rd Johnston, IA 50131
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    Johnston, IA 50131
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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
    5800 Merle Hay Rd Johnston, IA 50131
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