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Property profile & analytics
OFF-MARKET
Land

5300 86Th St Johnston, IA 50131

1.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.25-acre commercial development site is located at 5300 NW 86th St in Johnston, Iowa, within the desirable Roughwood master-planned mixed-use development. Priced at $975,000 ($780,000/acre), this property offers immediate development potential. All utilities are already in place, simplifying the construction process and minimizing upfront costs. The site benefits from its strategic location along the busy 86th Street corridor, experiencing significant population and daytime employment growth. High demand exists for various commercial uses, including retail, medical facilities, daycare centers, and office spaces. This presents a unique opportunity for investors and developers to capitalize on the area's thriving economy. Further enhancing its appeal, the property is eligible for a substantial 5-year Tax Increment Financing (TIF) incentive, potentially providing up to $450,000 in tax rebates. This incentive significantly reduces development costs and accelerates return on investment. This prime location in Polk County, Iowa, zip code 50131, offers unparalleled access to a growing market and a strong foundation for a successful commercial venture. Don't miss this chance to acquire a highly sought-after development site in a rapidly expanding area.

Property profile
Verified
Property type Land
Lot 1.25 ac (54,450 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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