Property profile

5295 University Ave Pleasant Hill, IA 50327

OFF-MARKET
Retail properties & Spaces
Property ID
US25-0335493
1,077 SF 0.91 ac lot
Saved · see the list in your Dashboard

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 Retail properties & Spaces
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

Location

5295 University Ave Pleasant Hill, IA 50327
Pleasant Hill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5295 University Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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