Property profile

0 Ankeny Blvd Ankeny, IA 50023

OFF-MARKET
Land
3.2 ac lot
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Property summary

AI-generated overview

This exceptional 3.203-acre commercial land parcel presents a unique investment opportunity in Ankeny, Iowa. Strategically located at the intersection of S. Ankeny Boulevard and SW Prairie Trail Parkway, this property benefits from exceptional visibility and accessibility. The site is part of the burgeoning Heritage development, a planned retail hub encompassing over 105,000 square feet of retail space distributed across multiple buildings and stand-alone sites. This prime location offers unparalleled access to a significant consumer base, including the substantial student population of DMACC (Des Moines Area Community College), boasting over 15,000 full-time and part-time students. The property's convenient proximity to the major interstates I-80 and I-35 ensures effortless connectivity throughout the region. Ankeny's remarkable growth trajectory, recently recognized as the 10th fastest-growing city in the United States by the U.S. Census Bureau, further underscores the long-term investment potential of this land. The land is priced at $15 per square foot, offering a compelling value proposition for developers and investors seeking to capitalize on Ankeny's thriving commercial market. This is a rare opportunity to acquire a significant parcel in a rapidly expanding area with strong demographics and infrastructure. The property is zoned for commercial use (verification required). Don't miss this chance to secure a piece of Ankeny's vibrant future. The zip code is 50023, located in Polk County.

Property profile

Verified
Property type Land
Lot 3.2 ac (139,523 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ankeny Blvd Ankeny, IA 50023
Ankeny metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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