5300 86Th St Johnston, IA 50131
- Land
- 1.25 lot acres
Current Use by Public Records
- Land
Property Details for 5300 86Th St
- Lot size
- 1.25 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Johnston
- County
- Polk
- State
- Iowa
- Longitude
- -93.7372
- Latitude
- 41.6563
