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    Tones Dr Ankeny, IA 50021

    Sponsored
    For Sale
    $40,859,280

    134 Acres, I-35 Access, M-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 134-acre industrial land parcel in Ankeny, Iowa, presents a unique investment opportunity. Strategically located off I-35, Exit 90, this property boasts unparalleled access to over 70,300 vehicles daily. Zoned M-1 Light Industrial, it offers significant development potential. The site's campus-like setting and strict covenants ensure high-quality construction and a superior aesthetic. Its prime location is further enhanced by proximity to a regional airport and an established business park featuring amenities such as four hotels, an Outback Steakhouse, a Waterfront Seafood Market, and an on-site daycare. The land is priced at $7 per square foot, with a total asking price of $40,859,280. This property offers a rare combination of size, location, and infrastructure, making it ideal for large-scale industrial development. The established business park provides immediate synergy and a thriving surrounding community. This is an exceptional opportunity to acquire a significant industrial land holding in a rapidly growing area. The property's convenient access to major transportation routes and its attractive amenities make it a highly desirable location for businesses seeking a strategic and well-supported base of operations. Invest in this prime Ankeny location today.

    Property Features for 0 Tones Dr

    General Information

    Property type
    Land
    Lot Size
    5,837,040 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.572797
    Latitude
    41.71439

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    FAQs

    What type of property is this?
    Land - 134 Acres, I-35 Access, M-1 Zoning
    Where is this land located?
    The property is located at Tones Dr Ankeny, IA.
    What is the asking price?
    The asking price for this property is $40,859,280.
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    Tones Dr 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
    Tones Dr Ankeny, IA 50021
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