11212 16Th St Ankeny, IA 50023
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.