Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6887 N Baseline St Ankeny, IA 50023

    View on Map
    Sponsored
    Pending
    $220,000

    LAND - Ankeny, IA

    Lot size:
    0.93 Acres
    Days on Market:
    20
    Last Refresh:
    Mar 16 at 8:06 pm

    Property Features for 6887 N Baseline St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    res
    APN
    TBD lot 2
    Lot size
    0.93 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Tom Davies
    Tom Davies

    Country Estates Realty (515) 964-2814

    Listing agent Tom Davies (515) 964-2814

    Listing date Feb 24, 2026

    MLS# 721378 Listing URL

    Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Ankeny Land Parcel For Sale

    This 0.93-acre land parcel, located in Ankeny, Iowa, is available for sale. Known as The Estates at Woodland Hills, it is expected to be available in Spring 2026. The property offers the opportunity to build a custom home, with the freedom to select a preferred builder. City utilities are available. This parcel is suitable for building a refined estate or a secluded modern retreat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.616497
    Latitude
    41.686085

    Nearby Similar for Sale

    • $2,500,000

      Ankeny Office/Warehouse Investment Opportunity

      17,360 SF office/warehouse building in Ankeny, Iowa for sale.
      335 SE Oralabor Rd, Ankeny, IA 50021
      View Details
    • Contact for pricing
      4,109 SF

      Five-Level Commercial Building For Sale

      Five-level commercial building with showroom, offices, and storage.
      306 S Ankeny Blvd, Ankeny, IA 50023
      View Details
    • $3,620,000
      12,960 SF

      Ankeny Daycare Investment Opportunity

      12,960 SF Daycare/Medical Building, $3.62M
      1606 Irvinedale Dr, Ankeny, IA 50023
      View Details
    • $2,350,000
      14,032 SF

      Ankeny Office Building: Prime Location

      Modern Office Building, 14,032 SF, High Visibility
      2825 Ankeny Blvd, Ankeny, IA 50023
      View Details
    • Contact for pricing
      1,681 SF

      New Construction Office Building

      Single-story building in Vintage Business Park, ideal for office tenants.
      1930 SW Magazine Rd, Ankeny, IA 50021
      View Details
    • $135,000
      17,050 SF

      Ankeny Flex Space Investment Opportunity

      17,050 SF Industrial Flex Space for Sale
      2843 Ankeny Blvd, Ankeny, IA 50023
      View Details
    • Contact for pricing
      1,260 SF

      New Retail Space in Ankeny

      Class A retail space in a newly constructed shopping center.
      2575 SE Hulsizer Rd, Ankeny, IA 50021
      View Details
    • $1,095,000
      7,656 SF

      Ankeny Preschool Investment

      7,656 SF Daycare, 100% Occupied
      225 1St St, Ankeny, IA 50021
      View Details
    • Contact for pricing
      4,272 SF

      Ankeny Executive Office Building

      Prime Ankeny location, 4,272 SF office space
      306 Ankeny Blvd, Ankeny, IA 50023
      View Details
    • $3,417,227
      6,358 SF

      Ankeny Mixed-Use Investment

      High-yield Ankeny property, 6,358 SF.
      7040 14Th St, Ankeny, IA 50023
      View Details
    • $2,000,000
      6,656 SF

      Plaza Shops Lane Office Building

      Ankeny, IA Office/Retail Investment Opportunity
      1910 Plz Shops Ln, Ankeny, IA 50023
      View Details
    • $2,050,000
      6,784 SF

      Ankeny Storefront Investment Opportunity

      High-return Ankeny storefront, 100% occupied.
      1850 Plz Shops Ln, Ankeny, IA 50023
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land parcel in Ankeny, IA, available Spring 2026.
    Where is this residential land & home lot located?
    The property is located at 6887 N Baseline St Ankeny, IA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Premium parcel in The Estates at Woodland Hills.; - Freedom to select your own builder.; - City utilities available.
    (515) 208-0969
    Request Owner's contact information
    6887 N Baseline St Ankeny, IA 50023
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6887 N Baseline St
    Ankeny, IA 50023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6887 N Baseline St Ankeny, IA 50023
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tom Davies
    Tom Davies
    (515) 208-0969 (515) 964-2814
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!