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    OFF-MARKET
    Land

    0 36Th St, Ankeny, IA 50023

    1.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.38-acre commercial land parcel presents a unique investment opportunity in Ankeny, Iowa. Strategically located at the intersection of N Ankeny Boulevard and NW 36th Street (Lot 8), this property boasts a highly desirable R-3 and C-2 zoning designation, allowing for a diverse range of commercial and residential development possibilities. The land is priced competitively, ranging from $1.38 to $26 per square foot, reflecting its significant potential for future appreciation. Situated in a rapidly expanding area of Ankeny, this site benefits from excellent visibility and convenient access to major transportation routes, including the nearby 36th Street interchange. The expansive lot size offers considerable flexibility for developers seeking to create a variety of projects, from retail spaces and multi-family dwellings to other commercial ventures. This is an exceptional opportunity to acquire a prime piece of real estate in a thriving Iowa community. The property's location within Polk County and its 50023 zip code further underscores its strategic value. Adjacent parcels ranging from 1.18 to 19.87 acres are also available, presenting opportunities for larger-scale development projects.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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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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