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Property profile & analytics
OFF-MARKET
Land

0 Johnston Dr Johnston, IA 50131

4.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.38-acre commercial and industrial land parcel in Johnston, Iowa, presents a remarkable development opportunity. Priced at $1,910,000, or $12 per square foot, this property boasts a highly desirable location along a bike trail, directly east of Johnston's first dog park, and south of upcoming city kayak launch/water trails. Its proximity to the new Gateway District (0.5 miles) offers unparalleled access to a thriving community. The site is ideal for build-to-suit projects, including office, retail, restaurant, or bar concepts. Future development in the area includes the LifeServe Blood Center (opening 2024), Bombers Des Moines (a 50,000 sq ft golf venue with a 100-room hotel and hitting bays, under construction), and Ignit Sports and Fitness (a recreation center with indoor track, soccer field, and more, opening 2024). The property's location within Polk County, Iowa, and its 50131 zip code, ensures easy access to major transportation routes and amenities. This is a rare chance to acquire a significant land holding in a rapidly growing area with exceptional potential for future development and high return on investment. The property's size and strategic location make it an attractive proposition for developers seeking to capitalize on Johnston's vibrant growth.

Property profile
Verified
Property type Land
Lot 4.38 ac (190,793 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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