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900 3Rd St Polk City, IA 50226

OFF-MARKET Land Google Maps
1.33 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US25-2587431

Property summary

AI-generated overview

This exceptional 1.328-acre commercial land parcel presents a prime investment opportunity in Polk City, Iowa. Located at 900 S 3rd Street, this property boasts a highly visible position just north of the signaled intersection of South 3rd Street and West Bridge Road, benefiting from significant traffic volume. South 3rd Street sees 7,900 vehicles per day, while West Bridge Street experiences 8,600 vehicles per day, ensuring substantial exposure for any development. The strategic location offers immediate proximity to established businesses, including Cornerstone Dental and Tender Years Daycare & Learning Center, creating a vibrant and well-populated surrounding area. Furthermore, the property enjoys convenient access to a range of amenities, including Subway, Anytime Fitness, Kwik Star, Casey's, Fareway, Kum & Go, Saylorville Lake, Big Creek State Park, and the Tournament Club of Iowa. This combination of high visibility, strong traffic counts, and proximity to established businesses and recreational areas makes this property ideal for a variety of commercial ventures. The property is zoned for commercial use (verification required by buyer). The asking price for this exceptional opportunity is $325,000. The zip code is 50226, and the property is situated in Polk County, Iowa.

Property profile

Verified
Property type Land
Lot 1.33 ac (57,848 SF)
UPID US25-2587431

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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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
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