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Property profile & analytics
OFF-MARKET
Land

118th Ave Elkhart, IA 50073

30.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 30.05-acre commercial land parcel presents a unique investment opportunity in Ankeny, Iowa. Strategically located near I-35, this property offers unparalleled access to major transportation routes, ensuring high visibility and convenient connectivity for any commercial development. The land is zoned for future use including heavy and medium density development, providing flexibility for a wide range of commercial projects. Detailed site analysis reveals significant potential for various uses, capitalizing on the area's robust economic growth and expanding infrastructure. The expansive acreage allows for substantial building footprints, ample parking, and potential for future expansion. Located in Polk County, this property benefits from a thriving business environment and a strong local economy. The address is NE 118th Ave, Ankeny, IA 50073. While this listing focuses on the 30.05-acre parcel, it's important to note that the larger area encompasses approximately 256 total acres, offering potential for synergistic development or future expansion opportunities. This prime location and versatile zoning make this an exceptional investment for discerning buyers seeking a high-impact commercial property in a rapidly growing market. The property's geographic coordinates are 41.7768741 latitude and -93.5229609 longitude. This is a rare opportunity to acquire a significant commercial land holding in a desirable location with excellent growth potential.

Property profile
Verified
Property type Land
Lot 30.05 ac (1,308,978 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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