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    4575 Delaware Ave Ankeny, IA 50021

    Sponsored
    For Sale
    $2,041,204

    Prime Ankeny retail land, C-2 zoning. High visibility location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.13-acre commercial land parcel is ideally situated at 4575 SE Delaware Ave in Ankeny, Iowa, zip code 50021. The property boasts 340 feet of frontage on Delaware Avenue, offering unparalleled visibility and accessibility. Currently zoned C-2, this site presents a remarkable opportunity for retail development. The asking price is $2,041,204, translating to $22 per square foot. The lot is suitable for various retail uses, and a potential buyer could also explore land lease options. A standard bay size is 20' x 70'. Any build-out will include a vanilla box and grease interceptor. This property is part of a new retail development area in Polk County, ensuring a thriving commercial environment. The location benefits from excellent access and high traffic counts, making it an attractive investment for businesses seeking a prominent presence in a rapidly growing market. This is a rare opportunity to acquire a strategically located parcel in a prime Ankeny retail corridor.

    Property Features for 4575 Delaware Ave

    General Information

    Property type
    Land
    Lot Size
    92,783 SF

    HighLights

    • 2.13‑acre commercial land parcel in Ankeny, IA.
    • Available for purchase or land lease.
    • $22.00 per square foot sales price.
    • $2.20 per square foot land lease rate.
    • 340 feet of Delaware Avenue frontage.
    • 20' x 70' standard bay size.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Hair Salon Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.5805779
    Latitude
    41.6915362

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    FAQs

    What type of property is this?
    Land - Prime Ankeny retail land, C-2 zoning. High visibility location.
    Where is this land located?
    The property is located at 4575 Delaware Ave Ankeny, IA.
    What is the asking price?
    The asking price for this property is $2,041,204.
    What are key features of this property?
    This property features: 2.13-acre commercial land parcel in Ankeny, IA.; Available for purchase or land lease.; $22.00 per square foot sales price.
    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
    4575 Delaware Ave Ankeny, IA 50021
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