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    6390 University Ave Pleasant Hill, IA 50327

    Sponsored
    For Sale
    $927,825

    1.7 Acres, High Visibility, Tax Abatement

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 47,785 square foot commercial land parcel presents a unique investment opportunity in Pleasant Hill, Iowa. Located at 6390 N E University Ave, this 1.704-acre site boasts unparalleled visibility due to its position at a lighted intersection with a high volume of daily traffic. In 2016, the intersection saw 23,910 vehicles per day, while nearby Highway 65 registered 28,600 vehicles daily. The property is zoned C-2, offering flexibility for a variety of commercial uses. A significant advantage is the availability of tax abatement, potentially reducing your financial burden. The flat, easily accessible site is conveniently located near Southeast Polk High School, a large school with an enrollment of 2,060 students. The asking price is $927,825, or $12.50 per square foot, with lease options negotiable. This property is ideal for businesses seeking high visibility and convenient access to major roadways and a substantial population base. Don't miss this chance to secure a prime location in a thriving community. The property is situated in Polk County, Iowa, with a zip code of 50327.

    Property Features for 6390 University Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Hotel & Motel Pharmacy Kitchen & Bath HVAC Service Furniture Store Electronics Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasant Hill
    County
    Polk
    State
    Iowa
    Longitude
    -93.482392
    Latitude
    41.598962

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    FAQs

    What type of property is this?
    Land - 1.7 Acres, High Visibility, Tax Abatement
    Where is this land located?
    The property is located at 6390 University Ave Pleasant Hill, IA.
    What is the asking price?
    The asking price for this property is $927,825.
    (515) 334-3345
    Request Owner's contact information
    6390 University Ave Pleasant Hill, IA 50327
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    Pleasant Hill, IA 50327
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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
    6390 University Ave Pleasant Hill, IA 50327
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