0 Richard Downing Ave Council Bluffs, IA 51501
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.
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.