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Property profile

0 26Th St Des Moines, IA 50313

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

This exceptional 20-acre commercial land parcel presents a unique investment opportunity in the thriving Des Moines, Iowa metro area. Situated between Johnston and Ankeny, just south of Saylorville Lake, this infill site boasts significant development potential. Currently zoned agricultural, this property is ideally positioned to accommodate a variety of uses, including toy stores, owner-user facilities, townhome developments, or a combination thereof. Its strategic location in Polk County offers unparalleled access to three major cities: Des Moines, Johnston, and Ankeny. The site benefits from recent and planned infrastructure improvements, including the widening of 70th Avenue to four lanes and future expansion of NW 26th Street to four lanes. This infrastructure enhancement is designed to handle projected traffic exceeding 30,000 vehicles daily by 2035. Importantly, NW 26th Street serves as the sole river crossing between I-80 and the Mile Long Bridge, further fueling anticipated growth in Ankeny. This prime location, coupled with the planned infrastructure upgrades, makes this 20-acre tract an exceptional opportunity for investors seeking high-growth potential in a dynamic market. The property is located at NW 26th St, Des Moines, IA 50313.

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

Location

26Th St Des Moines, IA 50313
Des Moines 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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