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6511 Merle Hay Rd
Johnston, IA 50131
Merle Hay Road Land · Land For Sale
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2.68 AC
Property Facts
1 Lot Available
Lot
| Price | $650,000 | Lot Size | 2.68 AC |
| Price Per AC | $242,537.31 |
| Price | $650,000 |
| Price Per AC | $242,537.31 |
| Lot Size | 2.68 AC |
Seize a significant development opportunity with this expansive 2.68-acre commercial land offering, encompassing three contiguous parcels at 6511, 6515, and 6519 Merle Hay Road in Johnston.
Description
The site benefits from ROC-2 zoning, allowing for a variety of uses including retail, office, and high-density residential developmentslink. It is also situated within a Tax Increment Financing (TIF) district, potentially offering economic incentives for developmentlink. All essential utilities are either at or in close proximity to the site. The area is experiencing new development, with projects such as the Brick Towne Apartments (384 units), Cadence Apartments (195 units), and the Johnston Public Safety/Police Building in the vicinitylink. Traffic counts on Merle Hay Road are approximately 13,900 vehicles per day (VPD), and 6,900 VPD on NW 62nd Street, indicating strong visibility and accessibilitylink. Demographics in a 1-mile radius show a population of 7,860 with an average household income of $103,349.
Property Taxes
| Parcel Number | 241-00667001000 | Improvements Assessment | $0 |
| Land Assessment | $65,500 | Total Assessment | $65,500 |
Property Taxes
