Merle Hay Rd/ Johnston, IA 50131

Property Details for 0 Merle Hay Rd/

Lot size

2.76 lot acres

Property type

Land

Description

This exceptional 2.76-acre commercial land parcel presents a unique investment opportunity in Johnston, Iowa. Located at the intersection of Merle Hay Road and Northwest 54th Street, this property boasts a highly desirable C-3 and M-2 zoning designation, allowing for a wide range of commercial and mixed-use developments. The asking price is $4,954,695, translating to $1,791,230 per acre. Its strategic location offers unparalleled visibility and accessibility, situated just half a mile from the I-35/80 interchange, ensuring high traffic volume and convenient access for customers and employees. The area is already home to a thriving commercial landscape, with nearby businesses including Sonic Drive-In, Jimmy Johns, Pagliai's Pizza, Ignit Sports Complex, and LifeServe, creating a strong synergy and established customer base. Further enhancing its appeal is the proximity to a bike path on Johnston Drive, adding to the area's overall attractiveness and walkability. While the listing currently encompasses 2.76 acres, the seller is open to dividing the land into smaller parcels, ranging from approximately 0.44 to 7.58 acres, providing flexibility for various development scenarios. This prime location and versatile zoning make this property an ideal investment for developers seeking to capitalize on Johnston's robust economic growth and strategic location. The property's high visibility and proximity to major transportation arteries ensure maximum exposure and accessibility, making it an attractive proposition for a diverse range of commercial ventures.

Location Insight

City

Johnston

County

Polk

State

Iowa

Longitude

-93.7358

Latitude

41.6583