5455 Merle Hay Rd | Johnston, IA 50131
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5455 Merle Hay Rd
Johnston, IA 50131
5455 Merle Hay Road · Land For Sale
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0.64 AC
INVESTMENT HIGHLIGHTS
- High Income area
- High Transportation area
- High home values
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.64 AC |
| Property Subtype | Commercial | Year Built | 1953 |
| Proposed Use | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.64 AC |
| Year Built | 1953 |
DESCRIPTION
.641-acre parcel, surrounded by an additional 9.893 acres, offers unparalleled potential. Located in an area with over 20,000 AADT, it boasts maximum visibility. PUD zoning allows for diverse retail or office uses. The highest and best use for this site leans towards a fine dining restaurant, entertainment venue, or high-end retail. Adding to its appeal, Tax Increment Financing (TIF) is available, providing a substantial financial incentive.
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