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Commercial Industrial Land Parcel
For Sale
$680,385

5231 Oak Crest Hill Rd SE, Hills, IA 52235

LAND - Hills, IA

Property SizeContact for details
Lot Size2.67 Acres
Days on Market100

Property Features for 5231 Oak Crest Hill Rd SE

General Information

Property type Land
Property subtype Other
Zoning CH
Vegetation Cleared
Subdivision Hills Commercial Park
Elementary school Alexander
Middle school Northwest
Directions Interstate 380 South of Iowa City. Land is on Southeast corner of Highway 218 and Main St. Hills,IA interchange. Frontage along Oakcrest Hill Rd. West Boundary along Hwy. 218.
Standard status Active
APN 1521102002
Lot size 2.67 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6250
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jamie Venzon
Added: Apr 27 Changed: Jun 30 Last Checked: Aug 4 at 7:06PM
MLS# 202602829

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a commercial/industrial land parcel in Hills, Iowa, presented as a fully developed lot with city water and sewer. The property is intended for commercial and industrial site needs and is listed as part of a newer commercial/industrial park with utilities already provided.

The parcel benefits from visibility along Highway 218 and Oakcrest Hill Rd (Old 218), providing an easy-to-find presence for businesses seeking exposure from the main roadway network.

Based on the provided remarks, the site can support a range of commercial formats, including lodging, office use, or a convenience store concept. Prospective buyers should review the CH zoning details and confirm any specific development requirements directly related to their intended use.

Key Highlights

  • Fully developed commercial/industrial park lots with all utilities available, including City water and sewer
  • Excellent visibility from Highway 218 and Oakcrest Hill Rd (Old 218)
  • Ideal lot options for lodging, office, or a C‑store based on the provided permitted uses

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 52235, IA

858
Population
444
Households
1.9
Avg Household Size
41
Median Age
24%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
409
Density / Sq Mi
$81,875
Median Household Income
$48,708
Median Earnings
$1,179
Median Rent
$217,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Fully developed industrial lots with city water and sewer in a newer commercial corridor.
Where is this commercial land located?
The property is located at 5231 Oak Crest Hill Rd SE Hills, IA.
What is the asking price?
The asking price for this property is $680,385.
What are key features of this property?
This property features: Fully developed commercial/industrial park lots with all utilities available, including City water and sewer; Excellent visibility from Highway 218 and Oakcrest Hill Rd (Old 218); Ideal lot options for lodging, office, or a C‑store based on the provided permitted uses
More about this property
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