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    Johnston Dr Johnston, IA 50131

    Sponsored
    For Sale
    $1,910,000

    4.38 Acres, prime Johnston location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.38-acre commercial and industrial land parcel in Johnston, Iowa, presents a remarkable development opportunity. Priced at $1,910,000, or $12 per square foot, this property boasts a highly desirable location along a bike trail, directly east of Johnston's first dog park, and south of upcoming city kayak launch/water trails. Its proximity to the new Gateway District (0.5 miles) offers unparalleled access to a thriving community. The site is ideal for build-to-suit projects, including office, retail, restaurant, or bar concepts. Future development in the area includes the LifeServe Blood Center (opening 2024), Bombers Des Moines (a 50,000 sq ft golf venue with a 100-room hotel and hitting bays, under construction), and Ignit Sports and Fitness (a recreation center with indoor track, soccer field, and more, opening 2024). The property's location within Polk County, Iowa, and its 50131 zip code, ensures easy access to major transportation routes and amenities. This is a rare chance to acquire a significant land holding in a rapidly growing area with exceptional potential for future development and high return on investment. The property's size and strategic location make it an attractive proposition for developers seeking to capitalize on Johnston's vibrant growth.

    Property Features for 0 Johnston Dr

    General Information

    Property type
    Land
    Lot Size
    190,793 SF

    HighLights

    • 4.38‑acre commercial and industrial land parcel for sale in Johnston, IA.
    • Reduced price: $1,910,000 ($10.00 PSF).
    • Build‑to‑suit opportunity for office, retail, restaurant, or bar concepts. Located along a bike trail.
    • Adjacent to Johnston's first dog park and future city kayak launch/water trails.
    • 0.5 miles from the new Gateway District.
    • Near future LifeServe Blood Center (opening 2024), Bombers Des Moines (50,000 sq ft golf venue, 100‑room hotel, under construction), and Ignit Sports and Fitness (recreation center opening 2024).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnston
    County
    Polk
    State
    Iowa
    Longitude
    -93.6913064
    Latitude
    41.6576136

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    FAQs

    What type of property is this?
    Land - 4.38 Acres, prime Johnston location.
    Where is this land located?
    The property is located at Johnston Dr Johnston, IA.
    What is the asking price?
    The asking price for this property is $1,910,000.
    What are key features of this property?
    This property features: 4.38-acre commercial and industrial land parcel for sale in Johnston, IA.; Reduced price: $1,910,000 ($10.00 PSF).; Build-to-suit opportunity for office, retail, restaurant, or bar concepts. Located along a bike trail.
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    Johnston Dr Johnston, IA 50131
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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
    Johnston Dr Johnston, IA 50131
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