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    54Th Ave Urbandale, IA 50131

    Sponsored
    For Sale
    $4,954,695

    Prime Johnston location, divisible acreage, high visibility.

    Property size:
    120,214 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.58-acre commercial property, situated at the intersection of Merle Hay Road and NW 54th Avenue in Johnston, Iowa (zip code 50131), presents a unique investment opportunity. The property boasts a total of 120,214 square feet and is zoned C-3 & M-2, allowing for a variety of retail, mixed-use, and office developments. The location offers excellent visibility and accessibility, being approximately half a mile from the I-35/80 interchange. The site is part of the Beaver Farms/Heard Gardens area and is strategically positioned near a variety of established businesses, including Sonic Drive-In, Jimmy John's, Pagliai's Pizza, Ignit Sports Complex, and LifeServe. The property's proximity to a bike path on Johnston Drive adds to its appeal. The asking price is $4,954,695. The lot size is flexible, ranging from 0.44 acres to the full 7.58 acres, and the seller will consider dividing the land to accommodate various development plans. This presents a rare chance to acquire a substantial parcel in a thriving commercial corridor with strong potential for future growth. The property is ideally suited for developers seeking a high-traffic location with diverse zoning options.

    Property Features for 0 54Th Ave

    General Information

    Property type
    Land
    Square Feet
    120,214 SF
    Lot Size
    19,166 SF

    HighLights

    • 8 Divisible Acres in prime Beaver Farms/Heard Gardens location.
    • C‑2 zoning allows for flexible future land use.
    • Property is divisible to suit buyer needs.
    • Ideal for retail, office, or mixed‑use development.
    • Conveniently located 1⁄2 mile from I‑35/80.
    • Strong surrounding tenant mix including Sonic, Jimmy John's, Pagliai's Pizza, Ignit Sports Complex, and LifeServe.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.7585568
    Latitude
    41.6585035

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    FAQs

    What type of property is this?
    Land - Prime Johnston location, divisible acreage, high visibility.
    Where is this land located?
    The property is located at 54Th Ave Urbandale, IA.
    What is the asking price?
    The asking price for this property is $4,954,695.
    What are key features of this property?
    This property features: 8 Divisible Acres in prime Beaver Farms/Heard Gardens location.; C-2 zoning allows for flexible future land use.; Property is divisible to suit buyer needs.
    Request Owner's contact information
    54Th Ave Urbandale, 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
    54Th Ave Urbandale, IA 50131
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