Polk County, IA
157.00 Acres M/L

University Avenue & NE 75th Street |
Pleasant Hill, IA 50327 |
Listing #13669

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$3,297,000

Property Info

Description

Offering 157 acres m/l of productive development land along University Ave in Pleasant Hill and Altoona, Iowa. According to Future Land Use maps from Pleasant Hill and Altoona, the site is slated for various uses including commercial, medium density residential and low density residential. Site offers a new signalized access in the southwest corner and boasts more than 15,300 vehicles per day along University Ave (Iowa DOT 2012). All utilities to site or readily available. Property has a 12 inch water main located along the north side of University Ave and a 10 inch sewer main is located west of the property approximately ¼ mile. Electric and natural gas are available to the property through MidAmerican Energy. CenturyLink fiber is located along University Ave.

Legal Description

The West 1/2 of the Northeast 1/4 and the West 1/2 of the Southeast 1/4 of Section 31, Township 79 North, Range 22 West of the 5th PM in Polk County, Iowa. Exact legal to be taken from abstract.

Directions

From the intersection of Hwy 65 and University Ave/Hwy 163 in Pleasant Hill, travel east on University Ave/Hwy 163 approximately 2.3 miles. Land is situated on the northeast corner of University Avenue and NE 75th Street in Pleasant Hill. Located approximately 1/4 mile west of Southeast Polk High School.

Sign On Property: Yes
School District: Southeast Polk
General Area: Pleasant Hill / Altoona
Net Taxes: $3,954.00
CSR: 84
CSR2: 87.00
Possession: At Closing. Subject to tenants rights.
Terms: Conventional, Cash

Improvements

Situated on the new signalized intersection of University Ave and NE 75th St. NE 75th St is stubbed into property in the southwest corner.

Additional Info

Excellent farmland consisting of approximately 151 tillable acres with a CSR of 84.4 (CSR2 of 87.2). Primary soil types include Clarion and Nicollet.