Financial
Distress signals
Property profile

1605 Ankeny Blvd Ankeny, IA 50023

OFF-MARKET
Other investment properties
Property ID
US25-0317028
15,200 SF 1.44 ac lot Built 1994
Last sale Dec 2021 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 15,200-square-foot office building configured across two floors, with an approximate 7,600 square feet per level. It is arranged as a multi-suite commercial setup, with multiple tenants occupying the building for office use. Behind the building, there is a pond and a paved walking path. The location is near the intersection of N Ankeny Blvd and NE 18th St, with Interstate 35 about 2 miles to the east, and it is in proximity to Prairie Ridge Sports Complex, Briarwood Country Club, Mistress Brewing Co., and Ankeny Miracle Park.

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?
$34k
Tax billed · 2020
Assessed value · 2023$1.29M
Assessed land$767k
Assessed improvement$523k
Effective rate2.62%

Value estimate

· Sep 2026
$1.29M
$1.16M – $1.42M
AI approach$1.31M
Sales comparison$1.42M

Realmo valuation models over county records and 3 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 comparables3

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply32.2
Law Firm24.3
Auto Repair Shop24.2

Location

1605 Ankeny Blvd Ankeny, IA 50023-4163
County assessor Recorded deeds · 4 transfers 3 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
1513 Ankeny, Ankeny, IA 50023-4167 $835,000 Dec 2025 15,115 SF
111 9th, Ankeny, IA 50023-1754 $843,000 May 2022 9,783 SF
2405 Ankeny, Ankeny, IA 50023-4711 $415,000 May 2022 11,264 SF
1255 Ankeny, Ankeny, IA 50023-4008 $2,300,000 Nov 2021 13,334 SF
210 Ankeny, Ankeny, IA 50023-3117 $900,000 Mar 2021 10,210 SF
1201 State, Ankeny, IA 50023-2671 $2,875,000 Dec 2020 17,487 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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