1960 Magazine RdAnkeny, IA 50023

For Sale
  • Commercial real estate
  • 0.46 AC

Property Details for 1960 Magazine Rd

Lot size
0.46 AC
Property type
Commercial real estate
APN
181/00800-392-019
APU
18100800392019

Description

This exceptional 10,691 square foot medical office building is part of a thriving 31-acre development in Ankeny, Iowa. Located at 1960 SW Magazine Road, zip code 50023, this multi-tenant property offers a convenient and desirable location for medical practices or other office uses. The building boasts a generous parking ratio of 5 spaces per 1,000 square feet, ensuring ample parking for patients, staff, and visitors. Its strategic placement within the development provides easy access to a variety of amenities and services. The property benefits from its proximity to numerous single-family and multi-family residential areas, as well as a robust mix of retail, commercial, and hospitality businesses. This prime location is further enhanced by its adjacency to notable corporate neighbors including the Prairie Trail Sports Complex, Primrose Schools, Wags Doggy Daycare, and Pet Parents, creating a vibrant and well-established community. The building is new construction, offering modern facilities and efficient layouts. This presents a unique opportunity to acquire a well-situated, versatile property in a rapidly growing area of Ankeny, Iowa. The property is designated as Retail and Office, with a subtype of Medical Office, making it suitable for a variety of uses. This is an excellent investment opportunity in a high-demand location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,957,524
    Hospitality
    $3,625,071
    Educational
    $3,016,016
    Medical
    $3,119,742
    Retail
    $4,691,582
1960 Magazine Rd, Ankeny, Iowa
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Location Insight

City
Ankeny
County
Polk
State
Iowa
Latitude
41.7174
Longitude
-93.627
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
2023
-
$500
-
$500
-
$500
-
$500

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