0 Four Mile Dr Ankeny, IA 50021
This exceptional 22-acre industrial land parcel in Ankeny, Iowa, presents a unique opportunity for build-to-suit development. Located at the intersection of SE Oralabor and SE Four Mile Drive, this M-1 zoned property offers unparalleled access to Interstate 35, providing seamless connectivity to major transportation arteries. The site boasts ample space for a substantial industrial, distribution, or warehouse facility, with potential for up to 307,800 square feet of construction. The property features existing infrastructure including 30 loading docks and 246 parking spaces. Building designs can accommodate flexible layouts, taking advantage of ceiling heights ranging from 32 to 36 feet. This strategic location offers convenient access to key regional markets, including Ames (28 miles), Cedar Rapids (115 miles), Omaha (140 miles), Kansas City (202 miles), and Minneapolis (235 miles). The property is currently vacant and available for sale under a NNN lease structure. The sale price and lease rates are negotiable. This is an exceptional opportunity to acquire a large, well-located industrial land parcel in a thriving Iowa market. Contact for pricing and lease terms.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.