6511 Merle Hay Road
Land | 2.68 acres
Marketing description
This prime 2.68-acre commercial land offering, encompassing the addresses 6511, 6515, and 6519 Merle Hay Road in Johnston, Iowa, presents a significant development opportunity. The property is strategically located north of I-80/I-35 along the prominent Merle Hay Road, just one block north of the new Johnston Town Center development.
The site benefits from ROC-2 zoning, allowing for a variety of uses including retail, office, and high-density residential developments. It is also situated within a Tax Increment Financing (TIF) district, potentially offering economic incentives for development. All essential utilities are either at or in close proximity to the site, facilitating construction.
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 vicinity. 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 accessibility. Demographics in a 1-mile radius show a population of 7,860 with an average household income of $103,349.
This multi-parcel offering provides ample space and a strategic location for commercial ventures seeking to capitalize on Johnston's growth and development.
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