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Financial
Distress signals
Property profile

1325 State St Ankeny, IA 50023

OFF-MARKET
Retail space
Property ID
US25-1118628
5,640 SF 1.03 ac lot Built 2019
Last sale Jun 2019 · $425,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$9k
Tax billed · 2020
Assessed value · 2023$1.23M
Assessed land$471k
Assessed improvement$759k
Effective rate0.77%

Value estimate

· Oct 2026
$790k
$711k – $869k
CAP approach$800k
Submarket $/SF estimate$985k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$60 – $175
Qualifying comparables7

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?
PUD
The purpose of this district is to promote and encourage development or redevelopment of tracts of land on a planned, unified basis by al...
General categoryPLANNED_DEVELOPMENT
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store12.3
Law Firm11.1
Dental Office10.8

Location

1325 State St Ankeny, IA 50023-2559
County assessor Recorded deeds · 4 transfers 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1910 White Birch, Ankeny, IA 50023-7217 $1,900,000 May 2025 3,431 SF
165 Magazine, Ankeny, IA 50023-2944 $5,630,930 Nov 2020 4,884 SF
2610 White Birch, Ankeny, IA 50023-7235 $970,000 Jul 2019 6,769 SF
320 36th, Ankeny, IA 50023-1486 $980,500 Jun 2019 9,221 SF
Ankeny, IA 50023 $965,000 Apr 2019 4,171 SF
3605 Irvinedale, Ankeny, IA 50023-7407 $708,000 Nov 2018 4,750 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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