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    108 Vis Lk Ave Polk City, IA 50226

    For Sale
    $475,000

    Prime 3-acre retail lot, high-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3-acre commercial lot, located at 108 E Vista Lake Avenue in Polk City, Iowa (zip code 50226), presents a unique investment opportunity. Priced at $475,000, this property is zoned for retail use and offers significant potential for a variety of business ventures. Situated in a rapidly developing area of Polk County, the lot benefits from its strategic location amidst established residential neighborhoods, ensuring a consistent flow of potential customers. The proximity to Big Creek Elementary School further enhances its appeal and accessibility. The high-traffic location and substantial growth projections in the area make this a prime site for entrepreneurs seeking to establish a thriving business. This is a rare chance to secure a substantial parcel of land in a thriving community, poised for continued expansion and development. The property's size and location offer considerable flexibility for various commercial uses, making it an attractive investment for both short-term and long-term growth. Don't miss this opportunity to capitalize on the burgeoning commercial landscape of Polk City. The property is ready for immediate development, offering a blank canvas for your business vision.

    Property Features for 108 Vis Lk Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Polk City
    County
    Polk
    State
    Iowa
    Longitude
    -93.709593
    Latitude
    41.7826189

    FAQs

    What type of property is this?
    Land - Prime 3-acre retail lot, high-growth area.
    Where is this land located?
    The property is located at 108 Vis Lk Ave Polk City, IA.
    What is the asking price?
    The asking price for this property is $475,000.
    Request Owner's contact information
    108 Vis Lk Ave Polk City, IA 50226
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    Polk City, IA 50226
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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
    108 Vis Lk Ave Polk City, IA 50226
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