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Property profile & analytics
OFF-MARKET
Land

0 Richard Downing Ave Council Bluffs, IA 51501

22.57 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 22.57-acre commercial land parcel presents a unique investment opportunity in Council Bluffs, Iowa. Located conveniently off Richard Downing Avenue, just behind Twin City Plaza, this property boasts significant frontage of 1,056 square feet and extends to an impressive depth of 1,505 feet. The land is zoned for agricultural use, offering considerable flexibility for future development. All city utilities are readily available, simplifying the development process. The property is being sold as a single, indivisible parcel. Its strategic location provides easy access to Interstate highways, enhancing its appeal for businesses requiring efficient transportation links. Furthermore, the property's proximity to a range of amenities, including shopping centers, restaurants, bike trails, and sports complexes, adds to its desirability. The area also benefits from its close proximity to Omaha. A draft of a potential development plan is available for review, providing a valuable starting point for prospective buyers. The asking price is $677,100, representing a price per acre of $30,000. The property's APN is 7444 10 301 001.

Property profile
Verified
Property type Land
Lot 22.57 ac (983,149 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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