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    1st St Ankeny, IA 50021

    Sponsored
    For Sale
    $1,249,560

    Prime Ankeny location, 5.74 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 5.74-acre development site presents a unique investment opportunity in Ankeny, Iowa. Strategically located in the northeast quadrant of the East 1st Street interchange on I-35, this triangular parcel boasts approximately 1,175 feet of frontage along the I-35 on-ramp, ensuring high visibility and accessibility. The property's advantageous position offers significant exposure to the substantial traffic volume on I-35. Its proximity to Ankeny's Heritage Park adds to its appeal, providing a desirable amenity for potential developments. While currently heavily wooded and designated as Forest Reserve and R-1, this site offers considerable potential for a variety of commercial or residential projects. The asking price for this remarkable property is $1,249,560. The property's address is E 1st Street and I-35, Ankeny, IA 50021, situated within Polk County. This is a rare opportunity to acquire a large, well-located parcel in a thriving Iowa community. The site's size and location make it ideal for a range of development possibilities, capitalizing on the high traffic counts and excellent visibility afforded by its I-35 frontage.

    Property Features for 1st St

    General Information

    Property type
    Land
    Lot Size
    250,034 SF

    HighLights

    • Extensive I‑35 on‑ramp frontage.
    • Adjacent to Ankeny Heritage Park.
    • Heavily wooded, Forest Reserve & R‑1 zoning.
    • High traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.585086
    Latitude
    41.7318871

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    FAQs

    What type of property is this?
    Land - Prime Ankeny location, 5.74 acres.
    Where is this land located?
    The property is located at 1st St Ankeny, IA.
    What is the asking price?
    The asking price for this property is $1,249,560.
    What are key features of this property?
    This property features: Extensive I-35 on-ramp frontage.; Adjacent to Ankeny Heritage Park.; Heavily wooded, Forest Reserve & R-1 zoning.
    (515) 415-6100
    Request Owner's contact information
    1st St 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
    1st St Ankeny, IA 50021
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