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5495 Merle Hay Rd 1.28 Acres of Commercial Land Offered at $1,088,880 in Johnston, IA 50131
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 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 1.28 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | PUD | ||
| 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 | Lot Size | 1.28 AC |
| Price Per AC | $850,687.50 |
| 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.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 241-00328000000 | Improvements Assessment | $0 |
| Land Assessment | $47,000 | Total Assessment | $47,000 |
Property Taxes
Parcel Number
241-00328000000
Land Assessment
$47,000
Improvements Assessment
$0
Total Assessment
$47,000
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