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    18Th St Ankeny, IA 50023

    For Sale
    $1,420,927

    Prime Ankeny location, C-2 zoning, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.33-acre commercial lot, situated at the intersection of N Ankeny Boulevard and NW 18th Street in Ankeny, Iowa (zip code 50023), presents a remarkable investment opportunity. Currently zoned C-2, this property allows for a diverse range of uses, including restaurant, retail, service, and gas station development. The asking price is $1,420,927, translating to $609,840 per acre. Its strategic location boasts high traffic volume due to its placement on a major thoroughfare, conveniently situated between two interstate exits. This ensures excellent visibility and accessibility for any business. The property's proximity to the Prairie Ridge Sports Complex further enhances its appeal, providing a substantial customer base. The well-lit intersection adds to the safety and convenience of the site. The lot offers significant potential for development, making it an ideal choice for investors seeking a high-return opportunity in a thriving Ankeny market. This property is ready for your vision.

    Property Features for 0 18Th St

    General Information

    Property type
    Automotive properties
    Lot Size
    101,495 SF

    HighLights

    • 2‑4.33 acre parcel.
    • C‑2 zoning (Restaurant/Retail/Service/Gas).
    • High‑traffic location on major thoroughfare.
    • Situated between two interstate exits.
    • Proximity to Prairie Ridge Sports Complex.
    • Well‑lit intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.6002429
    Latitude
    41.7463643

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    FAQs

    What type of property is this?
    Automotive property - Prime Ankeny location, C-2 zoning, high traffic.
    Where is this automotive property located?
    The property is located at 18Th St Ankeny, IA.
    What is the asking price?
    The asking price for this property is $1,420,927.
    What are key features of this property?
    This property features: 2-4.33 acre parcel.; C-2 zoning (Restaurant/Retail/Service/Gas).; High-traffic location on major thoroughfare.
    Request Owner's contact information
    18Th St 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
    18Th St Ankeny, IA 50023
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