Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

5055 Merle Hay Rd Johnston, IA 50131

  • Investment properties
  • 1,976 SF
  • 33.57 lot acres
Value Estimation
Location Intelligence
Property ID
US25-0355229
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 5055 Merle Hay Rd

Year built
1976
Construction
FRAME
Lot size
33.57 lot acres
Property size
1,976 SF
Zone code
C-3
Property type
Investment properties
Property subtype
Live-work space
APN
241/00081-000-002
APU
24100081000002

Description

This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Johnston, Iowa. Located at 5055 Merle Hay Road, this C-3 zoned property boasts excellent visibility and accessibility, directly adjacent to Interstate 80/35, a major thoroughfare with a daily traffic volume of 99,000 vehicles. The site is part of the Merle Hay Gateway redevelopment project, offering a strategic position within a thriving commercial district. The property is suitable for a variety of commercial uses, with plans envisioning a complementary mix of restaurant, retail, and office development. This single-tenant land opportunity is ideally situated near a substantial three-level, 80,000 square foot family entertainment center, including Bombers Golf, ensuring high foot traffic and strong potential for business success. The lot size falls within the 1-3 acre range, offering flexibility for development. Located in Polk County, Iowa, with a zip code of 50131, this property offers a compelling combination of location, zoning, and development potential. The frontage on Merle Hay Road provides exceptional visibility for any commercial venture. This is a rare chance to secure a prominent location within a rapidly growing area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Johnston
County
Polk
State
Iowa
Longitude
-93.6957
Latitude
41.655
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$6,010,000
$0.00
$6,010,000
-
$6,010,000
$0.00
$6,010,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message