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Property profile & analytics
OFF-MARKET
Land

118th Ave Elkhart, IA 50073

92.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 92.2-acre commercial land parcel presents a unique investment opportunity in Polk County, Iowa. Strategically located near Ankeny, with a precise address of NE 118th Ave, and a 50073 zip code, this property boasts significant frontage on I-35, offering unparalleled visibility and accessibility. The expansive lot size provides ample space for a wide range of commercial developments. Currently zoned for future use including heavy and medium density projects, this site is ideally suited for businesses requiring high visibility and convenient access to major transportation routes. The property's location in the thriving Ankeny area offers proximity to a growing population and robust infrastructure. Detailed site surveys and environmental assessments are available upon request. This is a rare chance to acquire a substantial commercial land holding with significant development potential in a prime Iowa location. The latitude and longitude coordinates are 41.7768741 and -93.5229609 respectively. Serious inquiries only. The marketing description indicates the property is for sale. Please note that the investment highlights mention approximately 256 acres, however, the property details specify 92.2 acres. Further clarification is recommended.

Property profile
Verified
Property type Land
Lot 92.2 ac (4,016,232 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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