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    Manawa Dr And Wallave Ave Council Bluffs, IA 51501

    Sponsored
    For Sale
    $8,400,000

    121 Acres, Multi-Use Potential, $8.4M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 121-acre parcel presents a unique investment opportunity in Council Bluffs, Iowa. Zoned AG, this expansive tract offers significant potential for diverse development, encompassing agricultural, commercial, and residential uses. Strategically located near the intersection of East Manawa Drive and Wallave Avenue, the property enjoys convenient access to major transportation arteries, including Interstates 80 and 29. Its proximity to Lake Manawa and the Metro Crossing Shopping Center provides excellent visibility and accessibility. The largely flat terrain simplifies development planning, while the possibility of rail access adds further logistical advantages. Priced at $8,400,000, or $69,421 per acre, this property represents a compelling value proposition for developers seeking a substantial land holding in a rapidly growing area. The property's location in Pottawattamie County, Iowa, with a 51501 zip code, ensures easy access to amenities and a thriving community. Detailed surveys and environmental assessments are recommended for prospective buyers to fully understand the development potential of this significant land parcel. This is a rare opportunity to acquire a large, versatile tract of land in a prime location with excellent infrastructure access.

    Property Features for 0 Manawa Dr And Wallave Ave

    General Information

    Property type
    Farms
    Lot Size
    5,270,760 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.838511228049
    Latitude
    41.206992138904

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    FAQs

    What type of property is this?
    Farm - 121 Acres, Multi-Use Potential, $8.4M
    Where is this farm located?
    The property is located at Manawa Dr And Wallave Ave Council Bluffs, IA.
    What is the asking price?
    The asking price for this property is $8,400,000.
    Request Owner's contact information
    Manawa Dr And Wallave Ave 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 And Wallave Ave Council Bluffs, IA 51501
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