0 9.34 Acres Mid America Dr Council Bluffs, IA 51501
This exceptional 9.34-acre commercial land parcel presents a remarkable investment opportunity in Council Bluffs, Iowa. Located on Mid America Drive, just off 24th Avenue, this property boasts strong traffic counts and excellent visibility, making it ideal for a variety of commercial developments. The site is zoned P-C and benefits from readily available city utility services and convenient interstate access. Priced at $3,661,641 ($9/sq ft land value), this offering represents a compelling value proposition. Further enhancing its appeal, this location is designated as both an Opportunity Zone and an Urban Revitalization Area, qualifying for a 3-year, 100% tax abatement program. This significant tax incentive provides substantial long-term cost savings for developers. The property's strategic location, combined with its zoning, infrastructure access, and attractive tax benefits, positions it for immediate development and significant return on investment. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering in a thriving Iowa market. The property is situated in Pottawattamie County, Iowa, with a zip code of 51501.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.