70TH Ave & Johnston, IA 50131
This exceptional 21-acre mixed-use property presents a remarkable investment opportunity in the thriving city of Johnston, Iowa. Strategically positioned at the corner of NW 70th Avenue and NW 107th Street, this expansive parcel boasts unparalleled visibility and accessibility. Its location directly across from a 151,000 square foot Walmart Supercenter ensures high traffic counts and strong consumer presence. The property's advantageous placement at the intersection of Highway 141 and East 1st/NW 70th Avenue further enhances its commercial viability. The area is experiencing significant residential growth, creating a robust and expanding market for retail and commercial ventures. Nearby established businesses include a Bomgaars, McDonald's, Kum & Go, Charter Bank, and a Fareway grocery store, indicating a strong and diverse retail landscape. Adding to its appeal, the property is situated only a quarter-mile from the new Johnston High School, the largest high school in Iowa, guaranteeing a substantial and consistent population base. This prime location offers unparalleled potential for a wide range of development projects, capitalizing on the area's rapid growth and strong retail presence. The 21-acre lot provides ample space for a variety of uses, making it an ideal investment for developers seeking a high-impact location in a flourishing community. The property's zoning and development possibilities should be independently verified. This is a rare opportunity to acquire a significant parcel of land in a highly desirable and rapidly developing area of Johnston, Iowa.
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
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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.