Property profile

2nd Oralabor Rd Ankeny, IA 50023

OFF-MARKET
Land
0.46 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Ankeny, Iowa. Strategically located at the intersection of 2nd Ave. and SW Oralabor Road, this property boasts unparalleled access to major transportation arteries, including easy connectivity to I-80 and I-35. The site's prime location directly across from Des Moines Area Community College (DMACC) provides immediate proximity to a substantial and consistent population of over 15,000 full-time and part-time students, creating significant potential for a variety of commercial ventures. Furthermore, its adjacency to the thriving Prairie Trail community ensures a robust and growing residential base. Multiple lots are available, ranging in size from 0.46 to 3.9 acres, offering flexibility for various development plans. The land value, priced between $12 and $22 per square foot, reflects the exceptional location and growth potential within Ankeny, recently recognized as the 10th fastest-growing city in the United States by the U.S. Census Bureau. This presents a compelling opportunity to capitalize on Ankeny's dynamic economic expansion and the high-demand commercial real estate market. The property is zoned for commercial use in Polk County, Iowa, zip code 50023. Detailed site plans and zoning information are available upon request.

Property profile

Verified
Property type Land
Lot 0.46 ac (20,038 SF)

Cap rate & NOI

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

Location

2nd Oralabor Rd Ankeny, IA 50023
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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