Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    118 Ave Elkhart, IA 50073

    • Land
    • 77.58 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 118 Ave

    Lot size
    77.58 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Polk
    State
    Iowa
    Longitude
    -93.523
    Latitude
    41.7769

    Comparable in this City

    • Value Estimation by Request
      55.46 Acres

      I-35 55.457 Acres

      Land • 55.46 Acres
      I-35 55.457 Acres, Ankeny, IA 50073
      View Details
    • Value Estimation by Request
      30.05 Acres

      118th Ave

      Land • 30.05 Acres
      118th Ave, Elkhart, IA 50073
      View Details
    • Value Estimation by Request
      92.20 Acres

      118th Ave

      Land • 92.20 Acres
      118th Ave, Elkhart, IA 50073
      View Details
    • Value Estimation by Request
      20.00 Acres

      I--35 & Exit 96

      Farms • 20.00 Acres
      I--35 & Exit 96, Ankeny, IA 50073
      View Details
    • Value Estimation by Request
      20.00 Acres

      I-35 & Exit 96

      Farms • 20.00 Acres
      I-35 & Exit 96, Elkhart, IA 50073
      View Details
    • Value Estimation by Request
      1.19 Acres

      1019 Grant Ave

      COMMERCIAL (GENERAL) • 1.19 Acres
      1019 Grant Ave, Elkhart, IA 50073
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30.05 Acres

      Prime Ankeny Commercial Land

      30 Acres, I-35 Frontage, Iowa
      118th Ave, Elkhart, IA 50073
      View Details
    • Contact for pricing
      77.58 Acres

      Prime Iowa Commercial Land

      77 Acres I-35 Frontage, Ankeny
      118 Ave, Elkhart, IA 50073
      View Details
    • $7,296,300
      20.00 Acres

      I-35 & NE 29th St Land

      Prime Iowa Ag/Commercial Land
      I--35 & Exit 96, Ankeny, IA 50073
      View Details
    • Contact for pricing
      92.20 Acres

      Prime Iowa Commercial Land

      92 Acres, I-35 Frontage, Development Potential
      118th Ave, Elkhart, IA 50073
      View Details
    • Contact for pricing
      55.46 Acres

      Ankeny Commercial Land - I-35 Frontage

      Prime Iowa land, I-35 access, development potential.
      I-35 55.457 Acres, Ankeny, IA 50073
      View Details
    • $7,296,300
      20.00 Acres

      I-35 & Exit 96 Ag Land Investment

      Iowa farmland near Des Moines, excellent visibility.
      I-35 & Exit 96, Elkhart, IA 50073
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      60,600 SF

      Elkhart Industrial Space Available

      Industrial space for lease in growing Elkhart, Iowa.
      3906 Northeast 126Th Ave, Elkhart, IA 50073
      View Details
    • $12 SF/Yr
      5,400 SF

      Prime Polk County Industrial Space

      Flex/Warehouse Units Available Now
      1311 Laurel St, Elkhart, IA 50073
      View Details
    • $10 SF/Yr
      1,800 SF

      Elkhart Warehouse Space Available

      1,800 SF warehouse space for lease in Elkhart, Iowa.
      1410 W Walnut St, Elkhart, IA 50073
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    118 Ave
    Elkhart, IA 50073
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.