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Property profile

0 Convenience Blvd Ankeny, IA 50021

OFF-MARKET
Retail properties & Spaces
1 SF
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Property summary

AI-generated overview

This exceptional commercial land opportunity presents 3.86 acres of prime retail space in Ankeny, Iowa's thriving IA - Ankeny submarket. Located on SE Convenience Blvd, this property boasts a flexible zoning designation of M-1, allowing for a variety of retail developments. The lot size ranges from 2.47 to 3.86 acres, providing ample space for a significant retail project. Currently, three spaces are available for lease, making it ideal for multiple tenants or a single large-scale development. The property is situated in Polk County, Iowa, with a convenient zip code of 50021. Its strategic location offers excellent visibility and accessibility, ensuring high traffic and potential for strong returns. This is a rare chance to acquire a substantial parcel of land in a rapidly growing area, perfect for businesses seeking to establish a strong presence in the Ankeny market. The property is classified as Retail and Land, with a Multiple Tenancy designation. While the total building square footage is currently listed as 1 square foot, this reflects the absence of existing structures, presenting a blank canvas for new construction. Similarly, the vacant square footage is listed as 1 square foot, further emphasizing the development potential of this site. This is an unparalleled opportunity for investors and developers seeking a high-impact retail investment in a dynamic and expanding community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF

Cap rate & NOI

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

Location

Convenience Blvd Ankeny, IA 50021
Ankeny metro
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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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