Property profile

102 30th St Ankeny, IA 50021

OFF-MARKET
Investment properties
Property ID
US25-0279038
4,400 SF 0.7 ac lot Built 2007
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a single-story, 4,400 square foot office building located at 102 SE 30th St, Ankeny, IA 50021, in Polk County. The property is currently configured as three separate office suites, suitable for executive, medical, or traditional office uses. Two of the three suites are currently leased, generating a strong existing income stream. One suite, measuring 1,150 square feet, is available for lease, presenting immediate potential for increased revenue. The asking price is $850,000, translating to a price per square foot of $193.18. This represents a compelling net lease investment opportunity with significant upside potential. Detailed financial information is available upon request, allowing prospective buyers to thoroughly assess the property's profitability and return on investment. The building's prime location in Ankeny, Iowa offers excellent visibility and accessibility, making it an attractive option for a variety of businesses. Don't miss this chance to acquire a well-situated, income-producing office building in a thriving Iowa market.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2007
Construction FRAME
Total area 4,400 SF
Lot 0.7 ac (30,676 SF)
Zoning code C-2
APN 181/00626-093-705
UPID US25-0279038

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Tech Support Center IT Consulting Firm
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Medical Clinic

Location

102 30th St Ankeny, IA 50021-9324
Ankeny metro Census 10214 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$670k
Comparable Approach Comparable
$452k
Blend (final) Blend
$565k

Owner & transaction history

since 2016
7 recorded transactions
2021
Price N/A
2016
Price N/A
2007
Price N/A
2006
$50,000
2005
$157,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Ankeny, IA
Zoning description

192.09 C-2 GENERAL RETAIL, HIGHWAY ORIENTED, AND CENTRAL BUSINESS COMMERCIAL DISTRICT. The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well,…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $685,000 +8.4%
Medical building $665,000 +5.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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