118th Ave & Elkhart, IA 50021
This exceptional commercial land offering presents a unique investment opportunity in Ankeny, Iowa. Comprising approximately 256 acres, this expansive property boasts significant I-35 frontage, providing unparalleled visibility and accessibility. Located near the intersection of NE 118th Ave and East of I-35 in Polk County, the property's strategic location offers easy access to major transportation arteries, making it ideal for a wide range of commercial developments. The zoning allows for future uses including heavy and medium-density development, presenting significant potential for various projects. The land itself is currently available in parcels ranging from 30.05 acres to the full 256 acres, offering flexibility for investors seeking different scales of development. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area with excellent infrastructure and high visibility. The property's size and location make it an attractive prospect for businesses seeking a prominent presence in the Ankeny market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The zip code is 50021.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.