20 Acres Richard Downing Ave Council Bluffs, IA 51501
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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