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    18Th St Ankeny, IA 50021

    Sponsored
    For Sale
    $1,920,234

    Prime Ankeny industrial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11.45-acre parcel of M-1 Light Industrial zoned land presents a unique investment opportunity in Ankeny, Iowa. Located at the intersection of SE 54th & NE 18th Street, this property boasts a strategic location, offering convenient access to major transportation arteries. Its proximity to Interstate 35 and Interstate 80 ensures seamless connectivity for logistics and distribution businesses. The asking price is $1,920,234, translating to a land value of $3.85 per square foot. This represents a compelling value proposition given Ankeny's robust economic growth and its ranking as one of the nation's fastest-growing cities. The property's M-1 zoning allows for a wide range of light industrial uses, making it suitable for various development projects. With its substantial size and prime location, this land parcel offers significant potential for investors seeking to capitalize on Ankeny's thriving industrial sector. The property is situated in Polk County, Iowa, with a zip code of 50021. This is a rare opportunity to acquire a sizable, well-located industrial land parcel in a rapidly expanding market. Don't miss out on this chance to secure a foothold in one of the nation's most dynamic economic regions.

    Property Features for 0 18Th St

    General Information

    Property type
    Land
    Lot Size
    498,762 SF

    HighLights

    • 11.45‑acre M‑1 Light Industrial land parcel available.
    • 11.45‑acre lot size.
    • $3.85 per square foot sale price ($1,920,233.70 total).
    • M‑1 Light Industrial zoning.
    • Excellent I‑35 frontage with convenient I‑80 access.
    • Located in Ankeny, Iowa, one of the nation's fastest‑growing cities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.5879865
    Latitude
    41.6883906

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    FAQs

    What type of property is this?
    Land - Prime Ankeny industrial land, ideal for development.
    Where is this land located?
    The property is located at 18Th St Ankeny, IA.
    What is the asking price?
    The asking price for this property is $1,920,234.
    What are key features of this property?
    This property features: 11.45-acre M-1 Light Industrial land parcel available.; 11.45-acre lot size.; $3.85 per square foot sale price ($1,920,233.70 total).
    Request Owner's contact information
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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 50021
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