6005 Merle HayJohnston, IA 50131

  • Retail properties
  • 30,006 SF
Off market
$5,082,000 Estimated

Property Details for 6005 Merle Hay

Year built
2016
Construction
STEEL FRAME
Lot size
3.37 AC
Property size (Sq ft)
30,006 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
241/00476-400-001
APU
24100476400001
6005 Merle Hay, Johnston, Iowa

PT Realty Valuation

  • Cap approach

    6%
    $7,690,270
    6.5%
    $7,098,711
    7%
    $6,591,660
  • Alternative use approach

    Residential
    $5,988,028
    Hospitality
    $5,485,002
    Educational
    $4,563,457
    Medical
    $4,720,402
    Retail
    $7,098,711
  • Comp approach

    Method 1
    $3,859,396
    Method 2
    $3,859,396

Location Insight

City
Johnston
County
Polk
State
Iowa
Latitude
41.6698
Longitude
-93.6965
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,760,000
  • Assessed land value
    $1,440,000
  • Assessed value
    $4,200,000
  • Tax year
    2020
  • Tax bill
    $125,818

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