Listing Agency: CBRE m***@cbre.com Show Phone

Listed By: Michael A Smith · License #S43822000 Show Phone

Source: Moodyscre

Added: Dec 5, 2024 Changed: Aug 8 Last Checked: Jul 15 at 8:51PM

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Investment Insights

Based on property information with market context.

This commercial development land is located in the NW Beaver Business Park, situated just west and north of the I-35/80 and Merle Hay Road exit. The business park features a mix of commercial buildings and multi-family developments. The site offers convenient access to Merle Hay Road, I-35/80, and NW Beaver Drive. It is suitable for multifamily development. All utilities are available. The zoning is R-4: High Density Multiple Family & PUD. The lot at 4730 NW 59th is 1.816 acres, priced at $454,854 ($5.75 PSF). The lot at 4740 NW 59th is 1.486 acres, priced at $372,198 ($5.75 PSF). Both lots can be purchased together for $755,134 ($5.25 PSF).

Key Highlights

• Ideal for multifamily development.
• Easy access to I‑35/80 and Merle Hay Road.
• Located in the NW Beaver Business Park.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Parts Store HVAC Service Grocery & Convenience Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

123

Businesses Nearby

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Frequently Asked Questions

What type of property is this?

Land - Commercial development land with easy access to major roads.

Where is this land located?

The property is located at 4730-4740 NW 59th Ave Johnston, IA.

What is the asking price?

The asking price for this property is $755,134.

What are key features of this property?

This property features: Ideal for multifamily development.; Easy access to I‑35/80 and Merle Hay Road.; Located in the NW Beaver Business Park.