5301 University Ave Pleasant Hill, IA 50327
- Commercial real estate
- 43,560 SF
Current Use by Public Records
- Commercial real estate
Property Details for 5301 University Ave
- Property size
- 43,560 SF
- Property type
- Commercial real estate
Description
This exceptional 1-acre development opportunity is located at 5301 E University Ave in Pleasant Hill, Iowa, 50327. The property boasts a substantial 43,560 square feet of land, currently priced at $700,000, or $16.07 per square foot. This represents a unique chance to capitalize on the high growth potential of this rapidly developing area. The site is conveniently situated with easy access to major highways, ensuring excellent connectivity for any future development. Existing infrastructure is in place, providing ready access to essential utilities. A standalone garage currently functions as a salon on the property, offering potential for immediate income or repurposing. The property's prime location in Pleasant Hill, Polk County, Iowa, offers significant advantages for retail development, given its proximity to University Avenue and its thriving community. This is an ideal site for investors seeking a high-return opportunity in a dynamic and accessible location. The property's size and location make it suitable for a variety of retail developments, catering to the needs of the growing Pleasant Hill market. This is a rare chance to acquire a substantial parcel of land in a desirable location with excellent infrastructure and high growth potential.
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
- -93.5093809
- Latitude
- 41.6001975
