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    18Th St Ankeny, IA 50023

    Sponsored
    For Sale
    $1,306,800

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

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2- to 4.33-acre commercial land parcel presents a remarkable investment opportunity in Ankeny, Iowa. Strategically located at the intersection of N Ankeny Boulevard and NW 18th Street, this property boasts a highly desirable C-2 zoning designation, permitting a wide range of commercial uses including restaurants, retail establishments, service businesses, and gas stations. The site benefits from its position on a major thoroughfare, ensuring high visibility and significant traffic exposure. Its location between two interstate exits further enhances accessibility and convenience for potential businesses and customers. Adding to its appeal, the property is situated near the popular Prairie Ridge Sports Complex, attracting substantial foot and vehicle traffic. The well-lit intersection provides excellent nighttime visibility. The asking price is $1,306,800, translating to $653,400 per acre, reflecting the exceptional value and potential of this prime commercial land. The property's size and zoning make it ideal for a variety of development projects, promising strong returns on investment. Don't miss this chance to acquire a highly sought-after commercial property in a thriving Ankeny location. The property is located in Polk County, Iowa, with a zip code of 50023.

    Property Features for 0 18Th St

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2 to 4.33 acres of commercial land in Ankeny, IA.
    • C‑2 zoning allows for restaurants, retail, service businesses, and gas stations.
    • High‑traffic location on a major thoroughfare.
    • Excellent visibility and accessibility between two interstate exits.
    • Proximity to Prairie Ridge Sports Complex.
    • Well‑lit intersection for nighttime visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.6002429
    Latitude
    41.7463643

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    FAQs

    What type of property is this?
    Land - Prime Ankeny location, C-2 zoning, high traffic.
    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 $1,306,800.
    What are key features of this property?
    This property features: 2 to 4.33 acres of commercial land in Ankeny, IA.; C-2 zoning allows for restaurants, retail, service businesses, and gas stations.; High-traffic location on a major thoroughfare.
    (515) 964-1587
    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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