Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    24th 23Rd Ave Council Bluffs, IA 51501

    For Sale
    $7,153,423

    27 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 27.37-acre commercial land parcel presents a remarkable investment opportunity in Council Bluffs, Iowa. Ideally situated at the southwest corner of South 24th Street and 23rd Avenue, this property boasts over 2000 linear feet of street frontage, offering unparalleled visibility and accessibility. Currently zoned P-C (Commercial), it's perfectly positioned for diverse development projects, including multifamily, commercial, or mixed-use constructions. The location provides easy access to Interstate 80, enhancing its appeal for businesses seeking high traffic exposure. With approximately 77,000 vehicles per day traversing I-80/I-29 and 13,000 vehicles daily on the immediate corner, this site benefits from exceptional traffic counts. Its strategic placement—the first exit into Iowa from Nebraska via I-80—guarantees maximum visibility. The seller is open to adjusting lot lines or subdividing the property to meet specific buyer requirements. An additional approximately 10 acres south of the property may also be available, potentially expanding the total acreage to over 37 acres. The asking price of $7,153,423 reflects a land value of $261,360 per acre, subject to adjustment based on the final lot size. The buyer is responsible for verifying all utility locations, sizes, and capacities. This is a rare opportunity to acquire a significant development site in a high-traffic, high-visibility location.

    Property Features for 24th 23Rd Ave

    General Information

    Property type
    Land
    Lot Size
    1,192,237 SF

    HighLights

    • High‑traffic location: 77,000 VPD on I‑80/I‑29, with 13,000 VPD at the S 24th St & 23rd Ave intersection.
    • First exit off I‑80 into Iowa from Nebraska.
    • Excellent I‑80 visibility.
    • Prime corner lot, two blocks north of I‑80.
    • Multiple access points from 23rd Ave and S 24th St.
    • Buyer responsible for verifying utility information.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.8795886
    Latitude
    41.2391038

    Nearby Similar for Sale

    • Contact for pricing
      1,825 SF

      COUNCIL BLUFFS Retail Opportunity

      Retail space available off West Broadway in COUNCIL BLUFFS, IA.
      3418 W Broadway, Council Bluffs, IA 51501
      View Details
    • $1,895,000
      4,167 SF

      Council Bluffs Restaurant with Expansion Potential

      Restaurant on 2.15 acres near Omaha, Council Bluffs, and interstate.
      1207 S 35Th St, Council Bluffs, IA 51501
      View Details
    • $160,000
      Pending

      Council Bluffs Two-Family Residence

      Two-unit property with renovation potential and existing tenant.
      220 Harrison St, Council Bluffs, IA 51503
      View Details
    • $420,000
      2,880 SF

      Turn-Key Bar Business Opportunity

      Established bar business with real estate for sale in Council Bluffs.
      2701 Harry Langdon Blvd, Council Bluffs, IA 51503
      View Details
    • $285,000
      3,976 SF

      Mixed-Use Property in Council Bluffs

      Commercial space with two apartments, all currently rented.
      519 S Main St, Council Bluffs, IA 51503
      View Details
    • $180,000
      Pending

      COUNCIL BLUFFS Mixed-Use Property

      Mixed-use property with commercial space, apartment, and parking.
      621 S Main St, Council Bluffs, IA 51503
      View Details

    FAQs

    What type of property is this?
    Land - 27 Acres, Prime Development Site
    Where is this land located?
    The property is located at 24th 23Rd Ave Council Bluffs, IA.
    What is the asking price?
    The asking price for this property is $7,153,423.
    What are key features of this property?
    This property features: High-traffic location: 77,000 VPD on I-80/I-29, with 13,000 VPD at the S 24th St & 23rd Ave intersection.; First exit off I-80 into Iowa from Nebraska.; Excellent I-80 visibility.
    Request Owner's contact information
    24th 23Rd Ave Council Bluffs, IA 51501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24th 23Rd Ave
    Council Bluffs, IA 51501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    24th 23Rd Ave Council Bluffs, IA 51501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.