SEC of 36th St and Irvinedale Dr

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SEC of 36th St and Irvinedale Dr

Ankeny, IA 50023
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at the intersection of 36th Street and Irvinedale Drive
  • Commercial land parcel spans approximately 8.9 acres
  • Situated within the active Ankeny suburban market in Iowa
  • Property offers flexible potential for varied commercial development projects
  • Positioned to serve the expanding residential population of Ankeny

What's Special

Ankeny serves as a rapidly expanding suburban hub within the Des Moines metropolitan area, characterized by consistent residential and commercial development. This 8.9-acre commercial land parcel sits at the southeast corner of 36th Street and Irvinedale Drive, positioning it to serve the growing needs of the local population and regional commuters. The site benefits from its accessibility within a region that has become a focal point for diversified economic growth and infrastructure investment in central Iowa. Prospective buyers can evaluate this site for a variety of commercial applications, ranging from retail developments to service-oriented business complexes. Given its expansive footprint and strategic corner placement, the land provides flexibility for professional space planning or large-scale retail projects. The property offers a clear path for development in a submarket that continues to attract new businesses and residents, making it a viable option for those looking to establish a footprint in one of the state's most active corridors.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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