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    1806 Oralabor Rd Ankeny, IA 50021

    For Sale
    $927,768

    1.77 Acres, $927,768, I-35 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1.77-acre commercial land parcel in Ankeny, Iowa, presents a unique investment opportunity. Located at 1806 SE Oralabor Rd, in Polk County, zip code 50021 (41.703421, -93.567706), this property is zoned M-1, allowing for a variety of commercial uses. The asking price is $927,768, translating to a land value of $12 per square foot. Its strategic location offers convenient access to Interstate 35, ensuring high visibility and accessibility for businesses. The property benefits from its position within a thriving business park environment, boasting established businesses such as hotels, an Outback Steakhouse, a waterfront seafood market, and an on-site daycare. This ensures a strong existing infrastructure and a vibrant surrounding community. Strict covenants are in place to maintain the high quality of construction and overall aesthetic appeal of the business park. Furthermore, a regional airport is conveniently located adjacent to the business park, providing additional logistical advantages. This prime location and desirable zoning make this property an ideal investment for developers and businesses seeking a strategic foothold in a rapidly growing area.

    Property Features for 1806 Oralabor Rd

    General Information

    Property type
    Land
    Lot Size
    77,101 SF

    HighLights

    • 1.77‑acre parcel available for development.
    • Asking price: $12.00 per square foot.
    • Excellent I‑35 frontage.
    • M‑1 zoning.
    • Strict covenants maintain high construction standards and aesthetics.
    • Established business park with hotels, Outback Steakhouse, waterfront seafood market, and daycare.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.567706
    Latitude
    41.703421

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    FAQs

    What type of property is this?
    Land - 1.77 Acres, $927,768, I-35 Access
    Where is this land located?
    The property is located at 1806 Oralabor Rd Ankeny, IA.
    What is the asking price?
    The asking price for this property is $927,768.
    What are key features of this property?
    This property features: 1.77-acre parcel available for development.; Asking price: $12.00 per square foot.; Excellent I-35 frontage.
    (515) 963-7143
    Request Owner's contact information
    1806 Oralabor Rd Ankeny, IA 50021
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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
    1806 Oralabor Rd Ankeny, IA 50021
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