For Sale
$700,000

5301 University Ave Pleasant Hill, IA 50327

1-Acre Retail Site, High Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional 1-acre development opportunity is located at 5301 E University Ave in Pleasant Hill, Iowa, 50327. The property boasts a substantial 43,560 square feet of land, currently priced at $700,000, or $16.07 per square foot. This represents a unique chance to capitalize on the high growth potential of this rapidly developing area. The site is conveniently situated with easy access to major highways, ensuring excellent connectivity for any future development. Existing infrastructure is in place, providing ready access to essential utilities. A standalone garage currently functions as a salon on the property, offering potential for immediate income or repurposing. The property's prime location in Pleasant Hill, Polk County, Iowa, offers significant advantages for retail development, given its proximity to University Avenue and its thriving community. This is an ideal site for investors seeking a high-return opportunity in a dynamic and accessible location. The property's size and location make it suitable for a variety of retail developments, catering to the needs of the growing Pleasant Hill market. This is a rare chance to acquire a substantial parcel of land in a desirable location with excellent infrastructure and high growth potential.

Highlights

  • 1-acre development site in Pleasant Hill, IA (50327) at 5301 E University Ave.
  • 43,560 SF lot priced at $700,000 ($16.07/SF).
  • Excellent highway access and existing utilities.
  • Includes a standalone garage (currently a salon) offering potential income.
  • Prime retail location in a rapidly growing area of Pleasant Hill, Polk County.

Property Details for 5301 University Ave

Property type
Retail properties
Square Feet
43,560 SF

Location Insight

City
Pleasant Hill
County
Polk
State
Iowa
Latitude
41.6001975
Longitude
-93.5093809
5301 University Ave, Pleasant Hill, Iowa

FAQs

What type of property is this?
Retail property - 1-Acre Retail Site, High Growth Potential
Where is the retail property located?
The property is located at 5301 University Ave Pleasant Hill, IA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1-acre development site in Pleasant Hill, IA (50327) at 5301 E University Ave.; 43,560 SF lot priced at $700,000 ($16.07/SF).; Excellent highway access and existing utilities.
How can I contact the broker?
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5301 University Ave
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