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Property profile & analytics
OFF-MARKET
Land

I-35 & Exit 96 Elkhart, IA 50073

20 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 67-acre agricultural property boasts unparalleled visibility on Interstate 35, with over 60,000 vehicles passing daily. Strategically located just off Exit 96 in Elkhart, Iowa, this land offers convenient access to both Des Moines and Ames, situated approximately 20 minutes from each city. The property is zoned for Agriculture/Light Business, presenting a versatile investment opportunity. The seller is willing to divide the land, with a minimum parcel size of 20 acres. This prime location, combined with its high traffic count and flexible zoning, makes it ideal for a variety of uses. The total acreage available is 67 acres, with a list price of $7,296,300, translating to $108,900 per acre. The property encompasses 2,918,520 square feet, with a list price per square foot of $2.50. This is a rare opportunity to acquire high-visibility land in a rapidly growing area of Iowa. Don't miss this chance to secure a valuable asset with significant development potential. Polk County location and 50073 zip code.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 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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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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