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    118 Ave Elkhart, IA 50073

    For Sale
    Contact for pricing

    77 Acres I-35 Frontage, Ankeny

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 77.58-acre commercial land parcel presents a unique investment opportunity in Ankeny, Iowa. Strategically located at the intersection of NE 118th Avenue and I-35, this property boasts unparalleled visibility and accessibility. The expansive lot size offers significant development potential, catering to a wide range of commercial uses. Its location in Polk County, with a 50073 zip code, ensures convenient access to a thriving community and robust infrastructure. The property's I-35 frontage provides exceptional exposure to a high volume of daily traffic, making it ideal for businesses seeking maximum brand visibility. While the initial listing indicated approximately 256 acres, the actual acreage for sale is 77.58 acres. Future development plans may include heavy and medium-density uses, allowing for flexibility in project design and tenant mix. This prime location offers a rare chance to acquire a substantial land holding with significant long-term growth potential in a rapidly developing area. The property's latitude and longitude coordinates are 41.7768741 and -93.5229609 respectively. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.

    Property Features for 118 Ave

    General Information

    Property type
    Land
    Lot Size
    3,379,385 SF

    HighLights

    • 256‑acre site
    • I‑35 frontage
    • Potential for high- and medium‑density development
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Auto Repair Shop Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Polk
    State
    Iowa
    Longitude
    -93.5229609
    Latitude
    41.7768741

    Nearby Comparable

    • Contact for pricing
      30.05 Acres

      Prime Ankeny Commercial Land

      30 Acres, I-35 Frontage, Iowa
      118th Ave, Elkhart, IA 50073
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      92.20 Acres

      Prime Iowa Commercial Land

      92 Acres, I-35 Frontage, Development Potential
      118th Ave, Elkhart, IA 50073
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    • Contact for pricing
      1,800 SF

      1311 Laurel St

      Distribution properties • 1,800 SF
      1311 Laurel St, Elkhart, IA 50073
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    • $7,296,300

      Land with Interstate 35 Visibility

      Land with high visibility and easy access to Interstate 35.
      I-35 NE 29Th St, Elkhart, IA 50073
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      1,800 SF

      1311 Laurel St

      Distribution properties • 1,800 SF
      1311 Laurel St, Elkhart, IA 50073
      View Details

    FAQs

    What type of property is this?
    Land - 77 Acres I-35 Frontage, Ankeny
    Where is this land located?
    The property is located at 118 Ave Elkhart, IA.
    What are key features of this property?
    This property features: 256-acre site; I-35 frontage; Potential for high- and medium-density development
    (515) 964-1587
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    118 Ave Elkhart, IA 50073
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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
    118 Ave Elkhart, IA 50073
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