$928,325

This is a 1.704-acre flat commercial site on E University Ave in Pleasant Hill. It sits at a lighted intersection that sees about 23,910 vehicles per day, so it gets strong visibility and steady traffic. The lot is zoned C-2 and is ready for retail, restaurant, convenience, service, or office use. Being flat, it should be easier and cheaper to build on. You can get to Highway 65 quickly (28,600 VPD), so the site is easy to reach from across the east side of the metro. Southeast Polk High School is close by, with about 2,060 students. That brings consistent weekday traffic and a built-in customer base for food, fuel, and convenience uses. A tax abatement is available, which helps lower your holding and operating costs after you build. The site is offered for sale at $12.50/SF, which works out to about $928,000. It’s also available for lease at a negotiable rate. Build-to-suit or ground lease structures can be discussed.