3625 Delaware AveAnkeny, IA 50021

  • Commercial real estate
  • 3.56 AC
For Lease

Property Details for 3625 Delaware Ave

Lot size
3.56 AC
Zone code
M-1
Property type
Commercial real estate
APN
181/00529-047-002
APU
18100529047002

Description

This exceptional 3.5-acre commercial outparcel presents a prime development opportunity in Ankeny, Iowa's thriving retail corridor. Located north of a Fleet Farm convenience store and directly south of Sam's Club and Hobby Lobby, this M-1 District and Commercial zoned property offers unparalleled visibility and accessibility. Its strategic location off I-35, with convenient exits at Oralabor Road and Corporate Woods Drive, ensures high traffic volume. Delaware Avenue, a major retail artery serving Ankeny and surrounding areas, further enhances its desirability. The site's proximity to a concentration of major retailers, including Target, Walmart, Home Depot, Menards, and numerous complementary businesses within a one-mile radius to the north, guarantees a robust customer base. This build-to-suit or ground lease opportunity allows for the construction of up to 31,500 square feet, catering to a variety of uses, including retail, medical, or service-oriented businesses. The strong demographics, with 80,000 residents within a five-mile radius, make this a compelling investment prospect for developers seeking a high-impact location in a rapidly growing market. This is a rare chance to establish a significant presence in a densely populated and commercially vibrant area of Ankeny, Iowa.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $30,965,574
    Hospitality
    $28,364,300
    Educational
    $23,598,764
    Medical
    $24,410,362
    Retail
    $36,709,188
3625 Delaware Ave, Ankeny, Iowa

Location Insight

City
Ankeny
County
Polk
State
Iowa
Latitude
41.6947
Longitude
-93.5806
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$23,812
$1,000,000
-
$1,000,000
-
$1,000,000
-
$1,000,000

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