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5495 Merle Hay Rd 1.28 Acres of Commercial Land Offered at $1,088,880 in Johnston, IA 50131

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INVESTMENT HIGHLIGHTS

  • Great visibility!
  • Close proximity to residential areas and new commercial developments.

EXECUTIVE SUMMARY

Seller financing available. Commercial Development Land for sale at the intersection of NW 55th Avenue & Merle Hay Road in Johnston. The area around the site boasts of numerous development projects. To the south, Bombers, a 35- acre family entertainment project featuring indoor golf driving range, arcade, bowling alley, 96-room hotel and numerous bars and restaurants. To the south and west, Ignit Sports Complex, 200,000 square foot recreation facility. This activity makes this site an ideal location for a variety of development opportunities.

PROPERTY FACTS

Price $1,088,880
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.28 AC
No. Stories 1
Zoning PUD

1 LOT AVAILABLE

Lot

Price $1,088,880
Price Per AC $850,687.50
Lot Size 1.28 AC

Lot Size: ± 1.28 AC (55,840 SF) 1/2 Mile off I-35/80 Zoning: PUD - Retail/Office/Mixed-Use Traffic Counts: Merle Hay Road - 20,200 VPD (Iowa DOT 2016)

DESCRIPTION

Commercial Development Land for sale at the intersection of NW 55th Avenue & Merle Hay Road in Johnston. The area around the site boasts of numerous development projects. To the south, Bombers, a 35- acre family entertainment project featuring indoor golf driving range, arcade, bowling alley, 96-room hotel and numerous bars and restaurants. To the south and west, Ignit Sports Complex, 200,000 square foot recreation facility. This activity makes this site an ideal location for a variety of development opportunities.

  • Listing ID: 30900885

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 5495 Merle Hay Rd, Johnston, IA 50131

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