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Property profile & analytics
OFF-MARKET
Commercial real estate

5295 University Ave Pleasant Hill, IA 50327

1,077 SF 0.91 ac lot
Property ID
US25-0335493
Property summary
AI-generated overview

This exceptional 0.91-acre commercial land parcel, located at 5295 E. University Avenue in Pleasant Hill, Iowa, presents a remarkable redevelopment opportunity. The property boasts 1,077 square feet and is zoned C-2, allowing for a variety of commercial uses. Its strategic location on a high-traffic corridor, with 20,300 vehicles passing daily in 2021, ensures high visibility and accessibility. The lot features 108 feet of frontage on East University Avenue, providing excellent exposure to potential customers. Currently vacant, this property offers a blank canvas for a new retail development or expansion within the thriving northeast submarket of Pleasant Hill. The asking price is $458,000. This prime location in Polk County, Iowa (zip code 50327), offers significant potential for investors seeking a high-return commercial venture. The property's size and zoning make it ideal for a variety of retail businesses, capitalizing on the substantial daily traffic count and the area's commercial growth. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly developing area.

Property profile
Verified
Property type Commercial real estate
Total area 1,077 SF
Lot 0.91 ac (39,640 SF)
UPID US25-0335493
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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