0 36Th St Ankeny, IA 50023
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.
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
Similar Nearby for Lease
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.