802 Shurfine DrAnkeny, IA 50021

  • Mixed-use properties
  • 121,415 SF
For Lease
$4.50/SF/YR View listing

Property Details for 802 Shurfine Dr

Year built
1986
Construction
STEEL FRAME
Lot size
8.67 AC
Property size (Sq ft)
121,415 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
181/00161-001-007
APU
18100161001007

Description

This exceptional Ankeny, Iowa industrial property, located at 802 SE Shurfine Drive, 50021, offers 104,000 square feet of immediately available warehouse and distribution space within a larger 124,000 square foot building. The property boasts a desirable M-1 zoning classification and sits on a generous 8.673 acres of land. Built in 1986, this two-story Class C building features a substantial 22-foot ceiling height, providing ample vertical storage capacity. The property includes 33 loading docks, ensuring efficient and high-volume shipping and receiving operations. The building is currently multi-tenant. This prime location in Ankeny offers excellent access to major transportation arteries, making it an ideal choice for businesses seeking efficient logistics and distribution capabilities. The significant vacant space presents a unique opportunity for a single tenant to establish a substantial presence or for multiple tenants seeking flexible options. Inquire today to learn more about this exceptional warehouse opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,169,120
    6.5%
    $19,540,726
    7%
    $18,144,960
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,197,022
    Geo Method
    $6,197,022
  • Alternative Use

    Use
    Valuation
    Residential
    $24,230,500
    Hospitality
    $22,195,008
    Educational
    $18,465,986
    Medical
    $19,101,060
    Retail
    $28,724,868
802 Shurfine Dr, Ankeny, Iowa
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Location Insight

City
Ankeny
County
Polk
State
Iowa
Latitude
41.7131
Longitude
-93.5864
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
$125,770
$1,050,000
$4,330,000
$5,380,000
-
$1,050,000
$4,330,000
$5,380,000

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