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    20 Acres Richard Downing Ave Council Bluffs, IA 51501

    Sponsored
    For Sale
    $4,791,594

    20 Acres, I-80 Visibility, Divisible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20-acre property, located at 20 Acres Richard Downing Avenue in Council Bluffs, Iowa, presents a unique investment opportunity. Zoned for agricultural use, this versatile land offers significant potential for commercial development. The asking price is $4,791,594.50, translating to a land value of $5.50 per square foot. The property's prime location boasts excellent visibility from I-80, easily accessible via 24th Street and Richard Downing Avenue. Its proximity to a sports complex further enhances its appeal. The APN is 7444 10 400 002. The expansive lot size allows for flexibility in development plans, with the possibility of dividing the land to accommodate various project scales. Detailed aerial views are available via a provided link. This is a rare opportunity to acquire a substantial parcel of land in a high-traffic area with significant growth potential. The property is situated in Pottawattamie County, Iowa, with a zip code of 51501. Serious inquiries are encouraged.

    Property Features for 20 Acres Richard Downing Ave

    General Information

    Property type
    Farms
    Lot Size
    871,200 SF

    HighLights

    • 20‑acre commercial land parcel for sale in Council Bluffs, IA, for $4,791,594.50.
    • $5.50/SF land value.
    • Excellent I‑80 visibility, accessible via 24th Street and Richard Downing Avenue.
    • Located across from a sports complex.
    • Divisible land suitable for various development scales.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.889365
    Latitude
    41.2259249

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    FAQs

    What type of property is this?
    Farm - 20 Acres, I-80 Visibility, Divisible
    Where is this farm located?
    The property is located at 20 Acres Richard Downing Ave Council Bluffs, IA.
    What is the asking price?
    The asking price for this property is $4,791,594.
    What are key features of this property?
    This property features: 20-acre commercial land parcel for sale in Council Bluffs, IA, for $4,791,594.50.; $5.50/SF land value.; Excellent I-80 visibility, accessible via 24th Street and Richard Downing Avenue.
    Request Owner's contact information
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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
    20 Acres Richard Downing Ave Council Bluffs, IA 51501
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