2201 W Broadway Council Bluffs, IA 51501
For Sale
This 1.31-acre commercial land parcel is ideally situated at the corner of West Broadway and 22nd Street in Council Bluffs, Iowa, a high-traffic retail corridor boasting over 20,900 vehicles per day. The property's prime location offers exceptional visibility and accessibility, complemented by a strong mix of established neighboring businesses. These include a Hy-Vee grocery store, Club Carwash, Raising Cane's, Dunkin' Donuts, Taco John's, and First National Bank, ensuring consistent foot traffic and consumer activity. Zoned for commercial use, this site presents a compelling opportunity for various development projects, including multi-family redevelopment. Its proximity to Thomas Jefferson High School and the vibrant West Broadway retail corridor further enhances its appeal and potential for significant return on investment. The asking price for this exceptional property is $575,000. The property's address is 2201 W Broadway, Council Bluffs, IA 51501. This is a rare opportunity to acquire a strategically located commercial land parcel in a thriving retail area.
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Medicap Pharmacy Pharmacy
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Rohatgi Kavish MD Physician
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Dr. Krista L. Hill, MD Pediatrician Physician
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Rygol Sara Medical Clinic
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Dr. Mel F. Roca, MD Pediatrician Physician
Chapter 15.15 - C-2/COMMERCIAL DISTRICT 15.15.010 Statement Of Intent 15.15.020 Principal Uses 15.15.030 Conditional Uses 15.15.040 Accessory Uses 15.15.050 Site Development Regulations 15.15.060 Additional Regulations 15.15.070 Signs 15.15.010 Statement Of Intent The C-2 district is intended to provide for major commercial retail shopping and service areas…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Council Bluffs, IAChapter 15.15 - C-2/COMMERCIAL DISTRICT 15.15.010 Statement Of Intent 15.15.020 Principal Uses 15.15.030 Conditional Uses 15.15.040 Accessory Uses 15.15.050 Site Development Regulations 15.15.060 Additional Regulations 15.15.070 Signs 15.15.010 Statement Of Intent The C-2 district is intended to provide for major commercial retail shopping and service areas adjacent to major traffic corridors. This district also provides a variety of commercial services to the community and adjacent residential neighborhoods. (Ord. 5458 § 2 (part), 1999) 15.15.020 Principal Uses The following principal uses shall be permitted outright in a C-2 district: Automobile repair, minor; Automobile service establishment; Building material, retail sales only; Business, professional office; Business service establishment; Club or lodge; Commercial recreation (indoor and outdoor); Consumer service establishment; Contractor shop; Cultural service; Financial service; General government use; Hotel/motel; Kennel, commercial; Local utility service; Park and recreation services; Pawn shops; Printing, binding, and mail operations (fifty thousand (50,000) square feet or less); Private and public parking lots; Public safety services; Religious assembly; Restaurant (drive-in/fast food, limited and general); Retail shopping establishment; School; Secondhand store; Tattoo parlor; Tavern, as limited by CBMC 15.15.060; Veterinary service; Warehousing and distribution, limited (fifty thousand (50,000) square feet or less); Funeral service; Consumer fireworks sales; Small alcohol production facility. (Ord. 5557 § 1, 2001) (Ord. No. 6147, § 1, 2-13-2012; Ord. No. 6332, § 1, 6-11-2018; Ord. No. 6341, § 1, 8-13-2018) Editor's note- Ord. No. 6085, § 1, adopted June 14, 2010, repealed the former section and enacted a new section as set out herein. The former section pertained to similar subject matter and derived from Ord. No. 5555, § 1, 2001; Ord. No. 6026, § 1, 2-23-2009. 15.15.030 Conditional Uses The following conditional uses shall be permitted in a C-2 district, in accordance with the requirements set forth in CBMC 15.27: Adult entertainment, as further limited by CBMC 15.15.060; Automobile repair, major; Automobile sales and rental, as further limited by CBMC 15.15.060; Automobile sales and rental, indoor; Commercial storage; Communication tower; Day care services; Manufacturing, light (fifty thousand (50,000) square feet or less);
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.