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Commercial-Industrial Land with Utilities
For Sale
$321,385

5241 Oak Crest Hill Rd SE, Hills, IA 52235

LAND - Hills, IA

Property SizeContact for details
Lot Size1.24 Acres
Days on Market103

Property Features for 5241 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 1521177001
Lot size 1.24 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1687
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jamie Venzon
Added: Apr 27 Changed: Jun 30 Last Checked: Aug 7 at 4:06AM
MLS# 202602827

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 for commercial-industrial land in Hills, Iowa, presented as fully developed lots with all utilities in place. The site includes City water and sewer service, supporting straightforward site readiness for future construction and site improvements. The property is listed under zoning CH.

The land is described as having excellent visibility from Highway 218 and Oakcrest Hill Rd (Old 218), which can be useful for businesses that benefit from passing-trade exposure. The property address is 5241 Oak Crest Hill Rd SE, Hills, IA 52235, in Johnson County.

Based on the stated intended uses, the site may fit a range of commercial concepts such as lodging, an office, or a convenience store. For developers and operators looking for a parcel with utilities already available and frontage visibility along two corridors, this configuration may reduce early-stage utility coordination and support more direct project planning. Interested buyers should confirm final development requirements and any permitted use specifics with the local zoning authority for zoning CH.

Key Highlights

  • Fully developed commercial/industrial park 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
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Frequently Asked Questions

What type of property is this?
Commercial land - Fully developed lots with city water and sewer, positioned for commercial and industrial use with highway visibility.
Where is this commercial land located?
The property is located at 5241 Oak Crest Hill Rd SE Hills, IA.
What is the asking price?
The asking price for this property is $321,385.
What are key features of this property?
This property features: Fully developed commercial/industrial park 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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