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    pleasant Rising Rdg Pleasant Hill, IA 50327

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    For Sale
    Contact for pricing

    Prime Pleasant Hill commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 40.09-acre commercial land parcel presents a unique investment opportunity in Pleasant Hill, Iowa. Strategically located east of Highway 65 and south of Northeast University, this property boasts unparalleled accessibility. Its proximity to major interstates—I-235, I-35, and I-80—ensures effortless commutes for employees and clients. The site is currently undergoing significant infrastructure improvements, including the reconstruction of NE 70th Street and the addition of new connecting streets, Meacham Street to the east and west. This enhances connectivity and further increases the property's value and appeal. Zoned for commercial development, this expansive tract is suitable for a variety of uses, including medium-density residential, senior living facilities, or other commercial ventures. The property's size and location make it an attractive prospect for developers seeking a prime location with excellent visibility and convenient access to transportation networks. Situated in Polk County, Iowa, with a 50327 zip code, this property offers a blend of accessibility and growth potential in a thriving community. The location offers easy access to a skilled workforce and a growing consumer base. This is a rare opportunity to acquire a substantial land parcel in a rapidly developing area.

    Property Features for pleasant Rising Rdg

    General Information

    Property type
    Land
    Lot Size
    1,746,320 SF

    HighLights

    • 40.09+/- acres of commercially zoned land available for development, suitable for medium‑density residential, senior living, or other commercial uses.
    • Located south of Northeast University.
    • 1.5 miles east of Highway 65.
    • Minutes from I‑235, I‑35, and I‑80.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pleasant Hill
    County
    Polk
    State
    Iowa
    Longitude
    -93.5078546
    Latitude
    41.573972

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    FAQs

    What type of property is this?
    Land - Prime Pleasant Hill commercial land, ideal for development.
    Where is this land located?
    The property is located at pleasant Rising Rdg Pleasant Hill, IA.
    What are key features of this property?
    This property features: 40.09+/- acres of commercially zoned land available for development, suitable for medium-density residential, senior living, or other commercial uses.; Located south of Northeast University.; 1.5 miles east of Highway 65.
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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
    pleasant Rising Rdg Pleasant Hill, IA 50327
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