118 Ave Elkhart, IA 50073
This exceptional 77.58-acre commercial land parcel presents a unique investment opportunity in Ankeny, Iowa. Strategically located at the intersection of NE 118th Avenue and I-35, this property boasts unparalleled visibility and accessibility. The expansive lot size offers significant development potential, catering to a wide range of commercial uses. Its location in Polk County, with a 50073 zip code, ensures convenient access to a thriving community and robust infrastructure. The property's I-35 frontage provides exceptional exposure to a high volume of daily traffic, making it ideal for businesses seeking maximum brand visibility. While the initial listing indicated approximately 256 acres, the actual acreage for sale is 77.58 acres. Future development plans may include heavy and medium-density uses, allowing for flexibility in project design and tenant mix. This prime location offers a rare chance to acquire a substantial land holding with significant long-term growth potential in a rapidly developing area. The property's latitude and longitude coordinates are 41.7768741 and -93.5229609 respectively. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.