0 Corporate Woods Dr Ankeny, IA 50021
This exceptional 2.7-acre commercial land parcel in Ankeny, Iowa, is ideally situated within the Corporate Woods Business Park. Priced at $999,702 ($370,260/acre), this property offers significant development potential. Zoned PUD – Office Park, it allows for a variety of uses including retail, office, and flex space. The lot boasts excellent visibility and direct access to I-35, with I-80 conveniently located just two miles away. Its proximity to Ankeny Regional Airport, major employers like Kreg Tool Company and Baker Group, and established retail centers such as Sam's Club and Fleet Farm, ensures high traffic and strong potential for tenant attraction. The property is also easily accessible from the heavily traveled Oralabor Road. The site is divisible, with additional acreage available in the park, making it suitable for various development scales. The average rent per square foot in the area is $8.50. This presents a compelling investment opportunity in a thriving Ankeny location. The property's strategic location and zoning make it an attractive option for developers seeking a high-visibility site with convenient access to major transportation arteries.
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
Similar Nearby for Sale
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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.