0 18Th St, Ankeny, IA 50023
This exceptional 2- to 4.33-acre commercial land parcel presents a remarkable investment opportunity in Ankeny, Iowa. Strategically located at the intersection of N Ankeny Boulevard and NW 18th Street, this property boasts a highly desirable C-2 zoning designation, permitting a wide range of commercial uses including restaurants, retail establishments, service businesses, and gas stations. The site benefits from its position on a major thoroughfare, ensuring high visibility and significant traffic exposure. Its location between two interstate exits further enhances accessibility and convenience for potential businesses and customers. Adding to its appeal, the property is situated near the popular Prairie Ridge Sports Complex, attracting substantial foot and vehicle traffic. The well-lit intersection provides excellent nighttime visibility. The asking price is $1,306,800, translating to $653,400 per acre, reflecting the exceptional value and potential of this prime commercial land. The property's size and zoning make it ideal for a variety of development projects, promising strong returns on investment. Don't miss this chance to acquire a highly sought-after commercial property in a thriving Ankeny location. The property is located in Polk County, Iowa, with a zip code of 50023.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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