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    11212 16Th St Ankeny, IA 50023

    For Sale
    Contact for pricing

    78.5 Acres Residential Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 78.5-acre parcel presents a prime development opportunity in Ankeny, Iowa, a rapidly expanding city within Polk County. Located at 11212 NW 16th Street, this residential land boasts a strategic position within a thriving commercial and residential corridor, just northwest of the intersection of NW 36th Street and Irvindale Drive. The property's zoning allows for single-family residential development with the potential for medium-density construction, catering to the significant population growth Ankeny has experienced. Ankeny's population has more than doubled since 2000, currently exceeding 73,000 residents, making it one of the fastest-growing cities nationally. This translates to a high demand for housing, making this land a highly attractive investment. The sale price is negotiable, offering flexibility for potential buyers. This expansive tract offers developers a unique chance to capitalize on Ankeny's booming real estate market and contribute to its continued expansion. The property's size and location provide ample opportunity for a substantial and profitable development project. Detailed zoning information and development plans are available upon request. Don't miss this exceptional chance to acquire a significant piece of Ankeny's future. The zip code is 50023.

    Property Features for 11212 16Th St

    General Information

    Property type
    Land
    Lot Size
    3,419,460 SF

    HighLights

    • 78.5‑acre land parcel in Ankeny, IA.
    • Negotiable sale price.
    • Single‑family residential zoning with medium‑density potential.
    • High‑growth location; Ankeny's population has more than doubled since 2000, exceeding 73,000 residents.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Pharmacy Storage Facility Computer & Electronic Repair Tech Support Center Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.6397066
    Latitude
    41.7651973

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    FAQs

    What type of property is this?
    Land - 78.5 Acres Residential Development Opportunity
    Where is this land located?
    The property is located at 11212 16Th St Ankeny, IA.
    What are key features of this property?
    This property features: 78.5-acre land parcel in Ankeny, IA.; Negotiable sale price.; Single-family residential zoning with medium-density potential.
    Request Owner's contact information
    11212 16Th St Ankeny, IA 50023
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    Ankeny, IA 50023
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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
    11212 16Th St Ankeny, IA 50023
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