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    36th St. & Irvinedale Dr Ankeny, IA 50023

    For Sale
    Contact for pricing

    Prime Ankeny commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 8.934-acre commercial land parcel presents a unique investment opportunity in Ankeny, Iowa. Located at the southeast corner of 36th Street and Irvinedale Drive, this property boasts a highly desirable Neighborhood Commercial zoning designation. Its strategic position offers excellent visibility and accessibility, situated near the intersection of major thoroughfares and benefiting from close proximity to Interstate 35. A conceptual site plan indicates the potential for two full-access points, with a possible third access point, enhancing development flexibility. The land is surrounded by a thriving mix of commercial and residential developments, including single-family and multi-family housing, retail spaces, offices, and hospitality businesses, ensuring a robust and growing market. The property is suitable for ground lease, build-to-suit projects, or outright sale. The land value ranges from $10 to $12 per square foot, making it a compelling proposition for developers seeking a prime location in a rapidly expanding area. The property is located in Polk County, Iowa, zip code 50023. The potential for subdivision adds further value and development options. This is a rare opportunity to acquire a significant parcel of commercial land in a high-growth area of Ankeny.

    Property Features for 36th St. & Irvinedale Dr

    General Information

    Property type
    Land
    Lot Size
    389,165 SF

    HighLights

    • 8.934‑acre commercial land parcel in Ankeny, IA.
    • Neighborhood Commercial zoning.
    • Land value: $10 - $12 per square foot.
    • Subdivision potential.
    • Excellent location at the intersection of NW 36th Street & Irvinedale Drive, offering two full access points and a potential third.
    • Surrounded by thriving residential and commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.6389607
    Latitude
    41.760764

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    FAQs

    What type of property is this?
    Land - Prime Ankeny commercial land, ideal for development.
    Where is this land located?
    The property is located at 36th St. & Irvinedale Dr Ankeny, IA.
    What are key features of this property?
    This property features: 8.934-acre commercial land parcel in Ankeny, IA.; Neighborhood Commercial zoning.; Land value: $10 - $12 per square foot.
    (515) 419-2963
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    36th St. & Irvinedale Dr 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
    36th St. & Irvinedale Dr Ankeny, IA 50023
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