5295 University Ave Pleasant Hill, IA 50327
- Commercial real estate
- 1,077 SF
- 0.91 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5295 University Ave
- Lot size
- 0.91 lot acres
- Property size
- 1,077 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pleasant Hill
- County
- Polk
- State
- Iowa
- Longitude
- -93.510318
- Latitude
- 41.600026
