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Property profile & analytics
OFF-MARKET
Commercial real estate

11212 16Th St Ankeny, IA 50023

78.5 ac lot
Property ID
US25-0274439
Property summary
AI-generated overview

This exceptional 78.5-acre parcel presents a prime development opportunity in Ankeny, Iowa, a rapidly expanding city within Polk County. Located at 11212 NW 16th Street, this residential land boasts a strategic position within a thriving commercial and residential corridor, just northwest of the intersection of NW 36th Street and Irvindale Drive. The property's zoning allows for single-family residential development with the potential for medium-density construction, catering to the significant population growth Ankeny has experienced. Ankeny's population has more than doubled since 2000, currently exceeding 73,000 residents, making it one of the fastest-growing cities nationally. This translates to a high demand for housing, making this land a highly attractive investment. The sale price is negotiable, offering flexibility for potential buyers. This expansive tract offers developers a unique chance to capitalize on Ankeny's booming real estate market and contribute to its continued expansion. The property's size and location provide ample opportunity for a substantial and profitable development project. Detailed zoning information and development plans are available upon request. Don't miss this exceptional chance to acquire a significant piece of Ankeny's future. The zip code is 50023.

Property profile
Verified
Property type Commercial real estate
Lot 78.5 ac (3,419,460 SF)
UPID US25-0274439
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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