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    I-35 Delaware Ave Ankeny, IA 50021

    For Sale
    $1,687,980

    High-visibility Ankeny land, ideal for commercial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.55-acre commercial land parcel in Ankeny, Iowa, presents a unique investment opportunity. Located at the intersection of I-35 SE and Delaware Ave in Polk County (zip code 50021), this property boasts unparalleled visibility with 17,000 vehicles passing daily on Delaware Ave and a remarkable 70,000 vehicles daily on I-35. The site is zoned C2 & M1, offering flexibility for a wide range of commercial uses. Its strategic location places it directly south of established businesses such as Sam's Club, Mills Fleet Farm, and Hobby Lobby, ensuring high traffic and strong consumer presence. The asking price is $1,687,980, translating to $1,089,019 per acre. This represents a significant opportunity to capitalize on Ankeny's thriving commercial market. The property's high visibility and strategic location make it an ideal site for a variety of commercial ventures. While this listing focuses on the 1.55-acre parcel, the potential exists for expansion, with up to 14.49 acres potentially available. Don't miss this chance to secure a prime commercial location in a rapidly growing area.

    Property Features for I-35 Delaware Ave

    General Information

    Property type
    Land
    Lot Size
    67,518 SF

    HighLights

    • 1.55‑14.49 acre site available.
    • 17,000 vehicles per day (VPD) on SE Delaware Ave.
    • 70,000 VPD on I‑35.
    • High visibility from I‑35 and Delaware Ave.
    • M1 zoning with C2 uses permitted.
    • Located adjacent to Sam's Club, Mills Fleet Farm, and Hobby Lobby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -93.5810952
    Latitude
    41.7318201

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    FAQs

    What type of property is this?
    Land - High-visibility Ankeny land, ideal for commercial development.
    Where is this land located?
    The property is located at I-35 Delaware Ave Ankeny, IA.
    What is the asking price?
    The asking price for this property is $1,687,980.
    What are key features of this property?
    This property features: 1.55-14.49 acre site available.; 17,000 vehicles per day (VPD) on SE Delaware Ave.; 70,000 VPD on I-35.
    (515) 964-1587
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    I-35 Delaware Ave 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
    I-35 Delaware Ave Ankeny, IA 50021
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