Property profile

0 36Th St Ankeny, IA 50023

OFF-MARKET
Land
1.38 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Ankeny, Iowa. Located at the southwest corner of North Ankeny Boulevard and NW 36th Street, this property boasts multiple lots ranging from 1.18 to 4.38 acres, providing flexibility for various development projects. The land is zoned R-3 and C-2, allowing for a diverse range of commercial and residential uses. The area is experiencing significant growth, both residentially and commercially, making this a highly desirable location. The site is conveniently situated near established businesses including Fareway, Casey's, Mercy Clinic, and the Lutheran Church of Hope, ensuring high visibility and accessibility. Individual lot sizes vary, with options including 1.18 acres, 1.38 acres (two lots), 1.62 acres, 1.69 acres, 1.73 acres, 1.80 acres, 1.82 acres (two lots), 2.62 acres, and 4.38 acres. The land value ranges from $16 to $26 per square foot, presenting a compelling investment opportunity in a thriving Iowa community. This prime location on Ankeny's main thoroughfare, Ankeny Boulevard/Highway 69, offers unparalleled exposure and access to a growing population. The property is offered for sale by owner. Don't miss this chance to secure a piece of Ankeny's vibrant future. Contact us today to learn more about this exciting development opportunity.

Property profile

Verified
Property type Land
Lot 1.38 ac (60,113 SF)

Cap rate & NOI

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

Location

36Th St Ankeny, IA 50023
Ankeny metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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