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Property profile & analytics
OFF-MARKET
Land

0 36Th St Ankeny, IA 50023

1.62 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.62-acre commercial lot presents a unique investment opportunity in Ankeny, Iowa. Located at the intersection of N Ankeny Boulevard and NW 36th Street, this property boasts a highly desirable location within Polk County, zip code 50023. The land is zoned for both residential (R-3) and commercial (C-2) uses, offering significant flexibility for development. The asking price per square foot ranges from $16 to $26, reflecting the strong potential for future appreciation in this rapidly growing area. The property's convenient access to the 36th Street interchange ensures excellent visibility and connectivity. With its strategic location and versatile zoning, this parcel is ideally suited for a variety of commercial ventures. The site's size and zoning provide ample opportunity for developers seeking to capitalize on Ankeny's thriving market. Additional acreage is available in the immediate vicinity, ranging from 1.18 to 19.87 acres, presenting potential for larger-scale projects. This is a rare chance to acquire a prime commercial lot in a dynamic and expanding community.

Property profile
Verified
Property type Land
Lot 1.62 ac (70,567 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
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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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