118th Ave Elkhart, IA 50073
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.
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.