1201 Veterans Memorial HwyCouncil Bluffs, IA 51501

Property Details for 1201 Veterans Memorial Hwy

Year built

1950

Lot size

3.02 AC

Property size (Sq ft)

1,720 SF

Zone code

C-2

Property type

Retail space

APN

7444 11 478 002

APU

744411478002

Description

This exceptional 3.02-acre development site in Council Bluffs, Iowa, presents a compelling investment opportunity. Located at 1201 Veterans Memorial Highway, this property boasts a highly desirable C2 zoning designation, opening doors to a wide array of commercial development possibilities. Its strategic location directly across the street from a major Google Data Center ensures high visibility and access to a robust workforce. Furthermore, the site's proximity to the I-29/I-80 intersection (just 1.5 miles away) provides unparalleled connectivity to regional and national transportation networks, maximizing accessibility for businesses and customers alike. The expansive lot size offers ample space for ambitious projects, while the established infrastructure and thriving commercial environment of Council Bluffs create a supportive backdrop for growth and success. This property is priced at $945,000 and represents a rare chance to acquire a premier development site in a rapidly growing area. The address is 1201 Veterans Memorial Highway, Council Bluffs, IA 51501, situated in Pottawattamie County. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $560,550

  6.5%

  $517,431

  7%

  $480,471

• Comparable approach

  Method

  Valuation

  Relative Method

  $221,228

  Geo Method

  $221,228

• Alternative Use

  Use

  Valuation

  Residential

  $436,472

  Hospitality

  $399,806

  Educational

  $332,634

  Medical

  $344,074

  Retail

  $517,431

Location Insight

City

Council Bluffs

County

Pottawattamie

State

Iowa

Latitude

41.2188

Longitude

-95.862

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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