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Property profile & analytics
FOR SALE
Commercial real estate

705 W Bridge Rd Polk City, IA 50226

1.3 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US25-0080714
Property summary
AI-generated overview

This exceptional 1.301-acre commercial land parcel presents a remarkable investment opportunity in Polk City, Iowa. Located at 705 W Bridge Rd, zip code 50226, this property boasts a highly desirable C-2 zoning classification, opening doors to a variety of development possibilities. Ideal for those seeking to build a medical office building, a retail center, or even an owner-user facility, this site offers unparalleled access and visibility. The strategic location provides convenient access from both W Bridge Road and Tyler Street, ensuring high traffic flow and excellent exposure for any future development. The expansive lot size provides ample space for a substantial project, allowing for creative design and efficient layout. Situated in Polk County, Iowa, this property benefits from a thriving community and a strong local economy. With its prime location, flexible zoning, and attractive asking price of $205,000, this land parcel represents a rare chance to acquire a valuable asset with significant long-term potential. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly growing area. The property's coordinates are 41.765292 latitude and -93.719453 longitude.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.3 ac (56,672 SF)
APN 261/00206-662-001
UPID US25-0080714
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Graeve Enterprises LLC · 3 yrs held
Graeve Enterprises LLC
since 2022
Last sale
$295,000
2 recorded transactions
2022
$295,000
2022
$120,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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