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    245 18Th St Ankeny, IA 50023

    Sponsored
    For Sale
    $470,448

    0.72-acre lot, prime Ankeny location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 0.72-acre commercial land parcel, located at 245 NW 18th St in Ankeny, Iowa (zip code 50023), presents a unique investment opportunity. Zoned C-2, this property offers significant potential for various commercial ventures. The asking price is $470,448, translating to a land value of $653,400 per acre. The site is part of the thriving Northview development, boasting three existing 12,000 square foot retail buildings, a successful Slim Chickens restaurant, and The Tree House Daycare. This established commercial area benefits from high visibility and accessibility, situated on Ankeny Boulevard, a major thoroughfare experiencing 16,000 vehicles daily. The location offers convenient proximity to Northview Middle School and is within a half-mile radius of the Prairie Ridge Sports Complex and Centennial High School, ensuring a substantial daily traffic flow and strong potential customer base. Co-tenancy includes well-known brands such as Dunkin' Donuts, Little Caesar's Pizza, Which Wich, and The Simple Greek, further enhancing the area's appeal and drawing significant foot traffic. This property is ideal for developers and investors seeking a prime location in Ankeny's fastest-growing area. Ample parking is available directly in front of the retail centers, ensuring easy access for customers and employees.

    Property Features for 245 18Th St

    General Information

    Property type
    Land
    Lot Size
    31,363 SF

    HighLights

    • Up to 1.41 acres available for development.
    • Three 12,000 SF retail centers anchored by Slim Chickens and The Tree House Daycare.
    • Located in Ankeny's fastest‑growing area.
    • Proximity to Prairie Ridge Sports Complex and area middle/high schools.
    • Strong co‑tenancy includes Dunkin', Little Caesar's, Which Wich, and The Simple Greek.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.6042037
    Latitude
    41.7461406

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    FAQs

    What type of property is this?
    Land - 0.72-acre lot, prime Ankeny location.
    Where is this land located?
    The property is located at 245 18Th St Ankeny, IA.
    What is the asking price?
    The asking price for this property is $470,448.
    What are key features of this property?
    This property features: Up to 1.41 acres available for development.; Three 12,000 SF retail centers anchored by Slim Chickens and The Tree House Daycare.; Located in Ankeny's fastest-growing area.
    (515) 963-7143
    Request Owner's contact information
    245 18Th 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
    245 18Th St Ankeny, IA 50023
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