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Property profile & analytics
OFF-MARKET
Land

0 18Th St Ankeny, IA 50021

11.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.45-acre parcel of M-1 Light Industrial zoned land presents a unique investment opportunity in Ankeny, Iowa. Located at the intersection of SE 54th & NE 18th Street, this property boasts a strategic location, offering convenient access to major transportation arteries. Its proximity to Interstate 35 and Interstate 80 ensures seamless connectivity for logistics and distribution businesses. The asking price is $1,920,234, translating to a land value of $3.85 per square foot. This represents a compelling value proposition given Ankeny's robust economic growth and its ranking as one of the nation's fastest-growing cities. The property's M-1 zoning allows for a wide range of light industrial uses, making it suitable for various development projects. With its substantial size and prime location, this land parcel offers significant potential for investors seeking to capitalize on Ankeny's thriving industrial sector. The property is situated in Polk County, Iowa, with a zip code of 50021. This is a rare opportunity to acquire a sizable, well-located industrial land parcel in a rapidly expanding market. Don't miss out on this chance to secure a foothold in one of the nation's most dynamic economic regions.

Property profile
Verified
Property type Land
Lot 11.45 ac (498,762 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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