Financial
Distress signals
Property profile

409 Ankeny Blvd Ankeny, IA 50023

OFF-MARKET
Other investment properties
Property ID
US25-0332634
1,269 SF 0.85 ac lot Built 1973
Last sale Jan 2021 · $300,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding building totaling 1,551 square feet, located on South Ankeny Boulevard with frontage on Ankeny Boulevard. The building has been remodeled and is configured with a drive-thru window, supporting uses such as professional office space or retail with customer drive-up service.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$6k
Tax billed · 2020
Assessed value · 2023$302k
Assessed land$262k
Assessed improvement$40k
Effective rate1.87%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$310k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$84 – $204
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.6
Parking Facility11.2
Convenience Store10.8

Location

409 Ankeny Blvd Ankeny, IA 50023-3128
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2301 1st, Ankeny, IA 50023-2470 $5,500 Jun 2025 2,861 SF
114 Ankeny, Ankeny, IA 50023-3137 $20,280 Feb 2025 1,800 SF
317 Ankeny, Ankeny, IA 50023-3126 $285,000 Mar 2024 768 SF
2675 Ankeny Blvd, Ankeny, IA 50023-4719 $260,000 Jan 2024 1,275 SF
2525 Ankeny Blvd, Ankeny, IA 50023-4708 $260,000 Jun 2022 1,250 SF
214 Walnut, Ankeny, IA 50023-3075 $140,000 Feb 2020 1,456 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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