Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2210 Creekview Dr Ankeny, IA 50021
    Back to Search
    Property profile & analytics

    2210 Creekview Dr Ankeny, IA 50021

    View on Map
    • Commercial real estate
    • 5.50 lot acres
    For Sale
    $1,674,011
    View Listing →
    Ankeny Commercial Land for Sale For Sale
    $1,674,011

    Ankeny Commercial Land for Sale

    Commercial land in business park setting near I-35.

    2210 SE Creekview Dr, Ankeny, IA 50021
    View Listing
    Property ID
    US25-0151010
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2210 Creekview Dr

    Lot size
    5.50 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 5.5-acre industrial land parcel is situated within the prestigious Metro North Business Park in Ankeny, Iowa. Located at 2210 SE Creekview Dr, Ankeny, IA 50021, this property boasts an enviable M-1 zoning designation, offering significant development potential. The site is part of a planned business park with a "campus-like" setting, featuring strict covenants to maintain a high standard of construction and aesthetics. Its strategic location provides unparalleled access to Interstate 35, a major thoroughfare with over 72,000 vehicles passing daily. Exit 90 off I-35 offers convenient ingress and egress. The property benefits from its proximity to a regional airport and a thriving commercial environment, including four hotels, an Outback Steakhouse, a Waterfront Seafood Market, a Chips restaurant, and an on-site daycare. This presents a unique opportunity to establish a business in a well-established and amenity-rich location. The lot size is 5.5 acres, providing ample space for various industrial developments. This is a rare opportunity to acquire land in a highly sought-after Ankeny business park.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.569829
    Latitude
    41.707593

    Comparable in this City

    • Contact for pricing

      Ankeny Warehouse with Office Space

      17,250 SF warehouse with office, available immediately.
      4707 SE Rio Ct, Ankeny, IA 50021
      View Details
    • Contact for pricing

      Ankeny Office Space Available

      Office space available for rent in Ankeny, Iowa.
      6806 SE Bellagio Ct, Ankeny, IA 50021
      View Details
    • Contact for pricing

      Ankeny Warehouse Space Available

      104,000 sq ft Ankeny warehouse space for lease.
      802 SE Shurfine Dr, Ankeny, IA 50021
      View Details
    • Contact for pricing

      Flex Space For Lease

      Flex space available for lease with office space.
      1465 NE 69Th Pl, Ankeny, IA 50021
      View Details
    • Contact for pricing
      1,939 SF

      Flex Space with Drive-In Door

      Shell space available for rent with drive-in door.
      117 SE Lorenz Dr, Ankeny, IA 50021
      View Details
    • Contact for pricing
      1,120 SF

      Ankeny Flex Space Available

      Flex space available for lease in Ankeny, Iowa.
      1460 NE 69Th Pl, Ankeny, IA 50021
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Ankeny Office/Warehouse Investment Opportunity

      17,360 SF office/warehouse building in Ankeny, Iowa for sale.
      335 SE Oralabor Rd, Ankeny, IA 50021
      View Details
    • $999,702
      2.70 Acres

      Ankeny Commercial Land - 2.7 Acres

      Prime Ankeny land, office park zoning.
      0 Corporate Woods Dr, Ankeny, IA 50021
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      1806 SE Oralabor Rd, Ankeny, IA 50021
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      235 SE Oralabor Rd, Ankeny, IA 50021
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      235 SE Oralabor Rd, Ankeny, IA 50021
      View Details
    • $1,249,560

      Development Land I-35 Frontage

      5.74 acres of development land with I-35 frontage.
      and I-35 E 1St St, Ankeny, IA 50021
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,450 SF

      Ankeny Flex Space For Rent

      Flex space featuring office and warehouse areas available for lease.
      405 SE Magazine Rd, Ankeny, IA 50021
      View Details
    • Contact for pricing
      4,528 SF

      Ankeny Flex Space with Warehouse

      Flex space with office and warehouse, drive-in doors, ample parking.
      2701 SE Convenience Blvd, Ankeny, IA 50021
      View Details
    • Contact for pricing

      Ankeny Flex Space Available

      2,400 SF flex space for lease in Ankeny, Iowa.
      1450 NE 69Th Pl, Ankeny, IA 50021
      View Details
    • Contact for pricing

      Ankeny Warehouse with Drive-In Doors

      Warehouse space featuring drive-in doors and ample parking.
      389 SE Oralabor Rd, Ankeny, IA 50021
      View Details
    • Contact for pricing

      Industrial Warehouse Distribution Opportunity

      Industrial park offering warehouse/distribution space in a well-located area.
      6550 SE Four Mile Dr, Ankeny, IA 50021
      View Details
    • Contact for pricing
      204,750 SF

      Modern Distribution Center Available

      New construction distribution center with excellent I-35 access.
      SE Four Mile Dr, Ankeny, IA 50021
      View Details
    View Listing
    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.
    2210 Creekview Dr
    Ankeny, IA 50021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2210 Creekview Dr, Ankeny, IA, 50021
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!