0 36Th St, Ankeny, IA 50023
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.
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
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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.