Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    306 Ankeny Blvd Ankeny, IA 50023

    • Investment properties
    • 4,272 SF
    • 0.24 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Value Estimation
    $70,000
    Last Sale
    May 21, 2025
    $76,000
    Location Intelligence
    Property ID
    US25-2580340
    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.

    Current Use by Public Records

    • Wee's Tees / Custom T-Shirt Store / Embroidery Shop

    Property Details for 306 Ankeny Blvd

    Year built
    1979
    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property size
    4,272 SF
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    181/00525-000-000
    APU
    18100525000000

    Description

    This exceptional commercial property, located at 306 S Ankeny Blvd in Ankeny, Iowa, presents a unique opportunity for businesses seeking a prominent location. The 4,272 square foot building, constructed in 1979, is a two-story, single-tenant space currently entirely vacant. The property boasts a convenient location off S Ankeny Blvd, placing businesses in the heart of Ankeny's bustling commercial district. Its C-2 zoning, designated for General Retail & Highway Oriented Commercial Business District use, offers versatility for a range of businesses. The building's layout includes a reception/showroom area, seven private offices, and three bathrooms, providing ample space for various operational needs. The split-level, walk-up design offers efficient use of space. With a high daily traffic count of approximately 18,400 vehicles passing by, this property offers excellent visibility and accessibility for attracting and retaining customers. The property is situated in Polk County, Iowa, with a zip code of 50023. This is an ideal opportunity to establish or expand a business in a thriving Ankeny location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $70,000

    • CAP approach

      CAP return
      Estimation
      6%
      $80,000
      6.5%
      $80,000
      7%
      $80,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $70,000
      Geo Method
      $75,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $60,000
      Retail
      $80,000
      Mixed-Use
      $85,000
      Hospitality
      $65,000
      Educational
      $75,000
      Residential Income
      $80,000
      Energy
      $70,000
      Income-Based Land
      $65,000
      Food Service
      $75,000

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.6008
    Latitude
    41.7291
    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
    $6,304
    $73,400
    $252,600
    $326,000
    -
    $73,400
    $252,600
    $326,000

    Comparable in this City

    • Value Estimation by Request
      1,220 SF

      2825 Ankeny Blvd Ste, Unit 105

      OFFICE/RESIDENTIAL (MIXED USE) • 1,220 SF
      2825 Ankeny Blvd Ste, Ankeny, IA 50023-9417
      View Details
    • Value Estimation by Request
      1,252 SF

      Ankeny, IA 50023

      OFFICE/RESIDENTIAL (MIXED USE) • 1,252 SF
      Ankeny, IA 50023
      View Details
    • Value Estimation by Request
      8,632 SF

      945 Ankeny Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 8,632 SF
      945 Ankeny Rd, Ankeny, IA 50023-9723
      View Details
    • Value Estimation
      $495,000
      7,236 SF

      213 Ankeny Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 7,236 SF
      213 Ankeny Blvd, Ankeny, IA 50023-1749
      View Details
    • Value Estimation
      $290,000
      1,250 SF

      2575 Ankeny Blvd, Unit 223

      OFFICE/RESIDENTIAL (MIXED USE) • 1,250 SF
      2575 Ankeny Blvd, Ankeny, IA 50023-4710
      View Details
    • Value Estimation
      $255,000
      3,759 SF

      202 Cherry St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,759 SF
      202 Cherry St, Ankeny, IA 50023-3008
      View Details

    Similar Nearby for Sale

    • $3,417,227
      12,486 SF

      Mixed-Use Development For Sale

      20,400 SF mixed-use property with retail, office, and apartments.
      7040 NE 14Th St, Ankeny, IA 50023
      View Details
    • $3,417,227
      6,358 SF

      Ankeny Mixed-Use Investment

      High-yield Ankeny property, 6,358 SF.
      7040 14Th St, Ankeny, IA 50023
      View Details
    • Contact for pricing
      1.38 Acres

      Ankeny Commercial Land - 1.38 Acres

      Prime Ankeny land, ideal for development. R-3 & C-2 zoning.
      0 36Th St, Ankeny, IA 50023
      View Details
    • $1,306,800
      2.00 Acres

      Ankeny Commercial Land - 2 Acres

      Prime Ankeny location, C-2 zoning, high traffic.
      0 18Th St, Ankeny, IA 50023
      View Details
    • $3,620,000
      12,960 SF

      Ankeny Daycare Investment Opportunity

      12,960 SF Daycare/Medical Building, $3.62M
      1606 Irvinedale Dr, Ankeny, IA 50023
      View Details
    • $1,414,000

      Ankeny Commercial Land - $1.4M

      Prime Ankeny land, retail/office potential. High-growth area.
      2715 Oralabor Rd, Ankeny, IA 50023
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      12,000 SF

      Ankeny Executive Office Space

      Prime Ankeny location, 2,452 sq ft available.
      225 18Th St, Ankeny, IA 50023
      View Details
    • $6 SF/Yr
      37,000 SF

      Ankeny Blvd Office Space

      1,706 SF Office Suite Available in Ankeny, IA
      110 Ankeny Blvd, Ankeny, IA 50023
      View Details
    • $25 SF/Yr
      12,750 SF

      Northview Centre II Retail Space

      Ankeny, IA retail center with 2 suites available.
      1550 Ankeny Blvd, Ankeny, IA 50023
      View Details
    • $15 SF/Yr
      12,000 SF

      Ankeny Office Space for Lease

      Modern Office Space in Prairie Trail
      2325 State St, Ankeny, IA 50023
      View Details
    • $17 SF/Yr
      10,236 SF

      Ankeny Executive Office Space

      Prime Ankeny location, 2,524 sq ft available.
      1315 Oralabor Rd, Ankeny, IA 50023
      View Details
    • $16 SF/Yr
      2,000 SF

      Retail Space with Outdoor Patio

      2,000 SF retail space with grease interceptor access.
      1802 N Ankeny Blvd, Ankeny, IA 50023
      View Details
    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.
    306 Ankeny Blvd
    Ankeny, IA 50023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.