Property profile

0 60Th St Pleasant Hill, IA 50327

OFF-MARKET
Land
8.91 ac lot
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Property summary

AI-generated overview

This exceptional 8.91-acre commercial land parcel in Pleasant Hill, Iowa, presents a remarkable development opportunity. Located at the intersection of NE 60th Street and 12th Street, this property boasts a highly desirable C-3 zoning designation, allowing for a diverse range of commercial uses, including light industrial, office, retail, and medical facilities. Its strategic location offers unparalleled access to major transportation arteries, with proximity to Highways 163 and 65 providing seamless connectivity to Interstate 35 and Interstate 80. The site benefits from existing utilities, simplifying development plans and reducing upfront costs. Furthermore, the potential for tax abatement offers significant financial advantages for developers. Surrounded by a thriving commercial landscape, including a car dealership, multiple churches, restaurants, and medical centers, this property is ideally positioned to capitalize on the robust economic activity in the area. The substantial lot size provides ample space for large-scale projects, while the convenient location ensures high visibility and accessibility for businesses. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing market. All utilities are on-site, and tax abatement is available. The property is situated in Polk County, Iowa, with a zip code of 50327.

Property profile

Verified
Property type Land
Lot 8.91 ac (388,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

60Th St Pleasant Hill, IA 50327
Pleasant Hill metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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