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    Manawa Dr Council Bluffs, IA 51501

    Sponsored
    For Sale
    $1,035,000

    23 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23-acre parcel presents a remarkable opportunity for multifamily development in Council Bluffs, Iowa. Located at the intersection of I-80/I-29 and Hwy 275/Hwy 92, this property boasts unparalleled access to major transportation arteries, ensuring convenient connectivity throughout the metro area. The site is zoned A-2 and features a large, flat topography, ideal for construction. All utilities are readily available within the street. Situated in a levee-protected area, flood concerns are mitigated. The property's strategic location offers proximity to a wealth of amenities, including Lake Manawa State Park, Council Bluffs Country Club, and the vibrant retail centers of Metro Crossing and Manawa Centre. Surrounded by established single-family residences, this site is perfectly positioned to capitalize on the high demand for multifamily housing in this desirable area. The asking price for this exceptional development opportunity is $1,035,000. With approximately 1,001,880 square feet of buildable space, this property offers significant potential for a substantial return on investment. Don't miss this chance to acquire a truly exceptional piece of land in a thriving community. The irregular lot dimensions provide flexibility for creative development plans.

    Property Features for 0 Manawa Dr

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,001,880 SF

    HighLights

    • $1,035,000 asking price for 23 acres of land.
    • Approximately 1,001,880 square feet of buildable space.
    • A‑2 zoning.
    • Irregular lot dimensions.
    • Levee‑protected location mitigating flood risk.
    • Utilities available at the street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.83954
    Latitude
    41.20931

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    FAQs

    What type of property is this?
    Multifamily property - 23 Acres, Prime Development Site
    Where is this multifamily property located?
    The property is located at Manawa Dr Council Bluffs, IA.
    What is the asking price?
    The asking price for this property is $1,035,000.
    What are key features of this property?
    This property features: $1,035,000 asking price for 23 acres of land.; Approximately 1,001,880 square feet of buildable space.; A-2 zoning.
    Request Owner's contact information
    Manawa Dr Council Bluffs, IA 51501
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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
    Manawa Dr Council Bluffs, IA 51501
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