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Fully-Developed Commercial Land Lot
For Sale
$323,980

5239 Oak Crest Hill Rd SE, Hills, IA 52235

LAND - Hills, IA

Property SizeContact for details
Lot Size1.25 Acres
Days on Market103

Property Features for 5239 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 1521102003
Lot size 1.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4680
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jamie Venzon
Added: Apr 27 Changed: Jun 30 Last Checked: Aug 7 at 3:06AM
MLS# 202602828

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 land lot in a newer South Corridor Commercial/Industrial Park, presented as fully developed and ready for construction. The site includes city water and sewer utilities, with the lot positioned for straightforward development planning.

Visibility is a key attribute, with strong exposure from Highway 218 and Oakcrest Hill Rd (Old 218). The property is located at 5239 Oak Crest Hill Rd SE in Hills, within Johnson County, Iowa, and is zoned CH.

The listing remarks suggest the site may fit uses such as lodging, office, or a C-store, reflecting its commercial/industrial park setting and highway visibility. Interested developers and operators can evaluate the CH zoning to confirm use compatibility and proceed with site-specific permitting and design.

Key Highlights

  • New Commercial/Industrial Park with fully developed lots
  • All utilities available, including City water and sewer
  • Excellent visibility from Highway 218 and Oakcrest Hill Rd (Old 218)

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned, utility-served lot with strong visibility off Highway 218 for flexible development concepts.
Where is this commercial land located?
The property is located at 5239 Oak Crest Hill Rd SE Hills, IA.
What is the asking price?
The asking price for this property is $323,980.
What are key features of this property?
This property features: New Commercial/Industrial Park with fully developed lots; All utilities available, including City water and sewer; Excellent visibility from Highway 218 and Oakcrest Hill Rd (Old 218)
More about this property
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