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    18000 Bunge Ave Council Bluffs, IA 51503

    For Sale
    $2,050,000

    41 Acres, Highway Frontage, $2.05M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 41-acre property in Council Bluffs, Iowa, presents a unique investment opportunity. Located in the Mills County Industrial corridor, this land boasts significant highway frontage along Highway 370 and an impressive average depth exceeding 1300 feet. Currently zoned for agricultural use, the property offers high productivity, having remained unaffected by the 2011 and 2019 floods. The seller is open to subdividing the land, with a minimum parcel size of 8 acres. This versatile property is ideal for a variety of uses, combining the benefits of fertile agricultural land with the potential for commercial or industrial development given its strategic location and zoning. All acreage figures are estimates, and tax assessments are approximate. The asking price is $2,050,000, translating to $50,000 per acre. This represents a compelling opportunity to acquire a substantial land holding in a rapidly developing area with excellent access to major transportation routes. The property's location in Mills County, Iowa, and its proximity to Council Bluffs, offers significant advantages for both agricultural and potential future non-agricultural uses. Serious inquiries are encouraged.

    Property Features for 18000 Bunge Ave

    General Information

    Property type
    Farms
    Lot Size
    1,785,960 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Department Store Kitchen & Bath Plumbing Service Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Council Bluffs
    County
    Mills
    State
    Iowa
    Longitude
    -95.8241996
    Latitude
    41.1492877

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    FAQs

    What type of property is this?
    Farm - 41 Acres, Highway Frontage, $2.05M
    Where is this farm located?
    The property is located at 18000 Bunge Ave Council Bluffs, IA.
    What is the asking price?
    The asking price for this property is $2,050,000.
    Request Owner's contact information
    18000 Bunge Ave Council Bluffs, IA 51503
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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
    18000 Bunge Ave Council Bluffs, IA 51503
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