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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 18Th St Ankeny, IA 50023

2.33 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.33-acre commercial lot, situated at the intersection of N Ankeny Boulevard and NW 18th Street in Ankeny, Iowa (zip code 50023), presents a remarkable investment opportunity. Currently zoned C-2, this property allows for a diverse range of uses, including restaurant, retail, service, and gas station development. The asking price is $1,420,927, translating to $609,840 per acre. Its strategic location boasts high traffic volume due to its placement on a major thoroughfare, conveniently situated between two interstate exits. This ensures excellent visibility and accessibility for any business. The property's proximity to the Prairie Ridge Sports Complex further enhances its appeal, providing a substantial customer base. The well-lit intersection adds to the safety and convenience of the site. The lot offers significant potential for development, making it an ideal choice for investors seeking a high-return opportunity in a thriving Ankeny market. This property is ready for your vision.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.33 ac (101,495 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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