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    I--35 & Exit 96 Ankeny, IA 50073

    For Sale
    $7,296,300

    Prime Iowa Ag/Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 67-acre property boasts unparalleled visibility on Interstate 35, with over 60,000 vehicles passing daily. Strategically located at Exit 96 in Elkhart, Polk County, Iowa (zip code 50073), this land offers a unique blend of agricultural and commercial potential. The property is zoned for Agriculture/Light Business, providing flexibility for a variety of uses. The asking price is $7,296,300, translating to $108,900 per acre. Situated just 20 minutes from both Des Moines and Ames, this location provides easy access to major population centers and transportation networks. The seller is willing to divide the land, with a minimum parcel size of 20 acres. This presents an outstanding opportunity for investors seeking high-visibility land with diverse development possibilities. The property's location at the intersection of I-35 and NE 29th Street in Ankeny, Iowa, ensures significant exposure and accessibility. The latitude and longitude coordinates are 41.7789415, -93.5711334. This is a rare opportunity to acquire a substantial tract of land with exceptional visibility and development potential in a rapidly growing area. The property's size and zoning make it suitable for a wide range of commercial and agricultural ventures. Don't miss this chance to secure a prime piece of Iowa real estate.

    Property Features for I--35 & Exit 96

    General Information

    Property type
    Farms
    Lot Size
    871,200 SF

    HighLights

    • 67 Acres Available
    • Minimum 20‑Acre Parcels Available
    • Excellent Interstate 35 Visibility, 60,000+ VPD
    • Agriculture/Light Business Zoning
    • 20 Minutes to Des Moines and Ames
    • $7,296,300 Asking Price ($108,900/acre)
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.5711334
    Latitude
    41.7789415

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    FAQs

    What type of property is this?
    Farm - Prime Iowa Ag/Commercial Land
    Where is this farm located?
    The property is located at I--35 & Exit 96 Ankeny, IA.
    What is the asking price?
    The asking price for this property is $7,296,300.
    What are key features of this property?
    This property features: 67 Acres Available; Minimum 20-Acre Parcels Available; Excellent Interstate 35 Visibility, 60,000+ VPD
    Request Owner's contact information
    I--35 & Exit 96 Ankeny, IA 50073
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    Ankeny, IA 50073
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    Realmo Value Estimation

    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.

    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.

    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
    I--35 & Exit 96 Ankeny, IA 50073
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