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    Doris Dr Elk Run Heights, IA 50707

    For Lease
    $36,000

    High-visibility I-380 QSR lot near McDonald's.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 31,697 square foot commercial land parcel presents a prime Quick Service Restaurant (QSR) opportunity in Evansdale, Iowa. Strategically located at Exit 68 off Interstate 380, this lot boasts unparalleled visibility and accessibility. The property is situated adjacent to a McDonald's, ensuring high traffic volume and brand synergy. This is Lot #2, as depicted in the provided brochure. The surrounding area is thriving, with established businesses such as Flying J, Road Ranger, and Arby's already in place, creating a strong commercial ecosystem. The site benefits from a newly constructed street, enhancing accessibility and further contributing to its appeal. The C2 zoning designation is ideal for QSR development. This location offers significant advantages for businesses seeking high visibility and convenient access to a major interstate highway. The property's size and location make it an exceptional investment opportunity for QSR operators looking to establish a presence in a rapidly growing area of Black Hawk County. The high traffic counts associated with the I-380 corridor guarantee significant exposure and potential for substantial returns. Don't miss this chance to secure a prime location in a dynamic commercial environment.

    Property Features for 0 Doris Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    Total Rate
    36000

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $36,000

    HighLights

    • High‑visibility QSR lot available in Evansdale, IA, adjacent to McDonald's at I‑380 Exit 68.
    • Lot #2.
    • Excellent location near Flying J, Road Ranger, Arby's, and other established businesses.
    • Located in a developing area with new street infrastructure.
    • High traffic counts due to prominent highway visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elk Run Heights
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.251640386266
    Latitude
    42.459356530828

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    FAQs

    What type of property is this?
    Land - High-visibility I-380 QSR lot near McDonald's.
    Where is this land located?
    The property is located at Doris Dr Elk Run Heights, IA.
    What is the lease rate?
    The lease rate is $36,000.
    What are key features of this property?
    This property features: High-visibility QSR lot available in Evansdale, IA, adjacent to McDonald's at I-380 Exit 68.; Lot #2.; Excellent location near Flying J, Road Ranger, Arby's, and other established businesses.
    Request Owner's contact information
    Doris Dr Elk Run Heights, IA 50707
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    Elk Run Heights, IA 50707
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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
    Doris Dr Elk Run Heights, IA 50707
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