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Property profile & analytics
FOR SALE
Commercial real estate

5955 NE 12Th Ave Pleasant Hill, IA 50327

3.87 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US25-0209441
5955 NE 12Th Ave, Pleasant Hill, IA 50327 For Sale
Contact for pricing
5955 NE 12Th Ave, Pleasant Hill, IA 50327
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Property summary
AI-generated overview

This exceptional 7.09-acre commercial land parcel presents a remarkable investment opportunity in Pleasant Hill, Iowa. Ideally situated at 5955 NE 12th Ave, this property boasts a highly desirable C-2 General Commercial and Highway Service District zoning, opening doors to a wide array of commercial development possibilities. The expansive lot size offers ample space for a variety of projects, from office buildings to retail spaces, and more. Its strategic location provides easy access to major transportation arteries, including Highway 163 and Highway 65, ensuring excellent visibility and convenient access for customers and employees. Furthermore, the property benefits from the availability of all essential utilities, simplifying the development process. A significant advantage is the availability of tax abatement, potentially reducing development costs and enhancing the overall return on investment. This property is perfectly positioned to capitalize on the thriving commercial landscape of Pleasant Hill, offering a unique chance to build a successful and profitable venture. The site's proximity to major amenities adds further appeal, making it an attractive location for businesses and their employees. This is a rare opportunity to acquire a large, well-located commercial parcel in a growing Iowa community. The asking price is $1,700,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.87 ac (168,490 SF)
Zoning code R-4
APN 221/00212-922-000
UPID US25-0209441
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
B & B Nicholson Properties LLC · 4 yrs held
B & B Nicholson Properties LLC
since 2022
Last sale
$300,000
3 recorded transactions
2022
$300,000
2016
$1.5M
2007
Price N/A
Zoning & alternative use
R-4 · Pleasant Hill, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The R-4 zoning district is intended to provide for certain high density residential areas of the City for the development of manufactured and mobile home parks (herein after referred to as manufactured home parks), which by reason of their design and location will be compatible with nearby residential and nonresidential areas. For the purposes of this sectio…

Zone name Mobile Home Park
General category RESIDENTIAL
Zone area 30.52 ac
Source Realmo
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