Property profile

0 18Th St Ankeny, IA 50023

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional commercial land parcel, ranging from 2 to 4.33 acres, presents a prime investment opportunity in Ankeny, Iowa. Strategically located at the intersection of N Ankeny Blvd and NW 18th St, this property boasts a highly visible position on a major thoroughfare with exceptionally high traffic volume. The C2 zoning permits a diverse range of commercial uses, including restaurants, retail establishments, service businesses, and gas stations, making it suitable for a variety of development projects. Its advantageous location between two interstate exits ensures excellent accessibility and exposure to a large customer base. Furthermore, the property's proximity to the Prairie Ridge Sports Complex adds to its appeal, providing potential for synergistic development and increased foot traffic. The well-lit intersection enhances visibility and safety, further increasing its attractiveness to businesses. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving area with significant growth potential. The property's size and zoning flexibility offer considerable development options, making it an attractive investment for both established businesses and new ventures. The address is 50023, Polk County, Iowa.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18Th St Ankeny, IA 50023
Ankeny metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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