4915 Maple Dr Pleasant Hill, IA 50327
- Commercial real estate
- 3,140 SF
- 0.64 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4915 Maple Dr
- Year built
- 1992
- Construction
- CONCRETE
- Lot size
- 0.64 lot acres
- Property size
- 3,140 SF
- Zone code
- C-1
- Property type
- Commercial real estate
- APN
- 221/00207-001-001
- APU
- 22100207001001
Description
This exceptional 38,487 square foot commercial land parcel is ideally situated in Pleasant Hill, Iowa, at 4915 Maple Drive, in Polk County, zip code 50327. The property boasts a rectangular shape and a highly visible corner location adjacent to a Hy-Vee grocery store at a signalized intersection, ensuring maximum exposure. Zoned C-1 (Local Commercial District), this lot presents a unique opportunity for developers seeking to construct a small office building or retail space. The area enjoys strong traffic counts, with East University averaging 19,100 vehicles daily and North Hickory averaging 7,900 vehicles daily. Nearby businesses include Subway and a Hy-Vee gas station, indicating a thriving commercial environment. The land is priced at $10 per square foot, representing a compelling investment opportunity given its location, zoning, and high visibility. This property is ready for immediate development and offers significant potential for future growth and return. The coordinates are 41.597597 latitude and -93.517453 longitude.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $305,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $255,000
- Mixed-Use
- $255,000
- Hospitality
- $250,000
- Educational
- $220,000
- Residential Income
- $240,000
- Energy
- $225,000
- Income-Based Land
- $270,000
- Food Service
- $220,000
Location Insight
- Map
- Local Demand
- City
- Pleasant Hill
- County
- Polk
- State
- Iowa
- Longitude
- -93.5175
- Latitude
- 41.5976
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA