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Property profile & analytics
OFF-MARKET Estimated value $825,000
Strip malls

107 Ankeny Blvd Ankeny, IA 50023

21,600 SF 2.23 ac lot Built 1987
Entity Owned 1-yr Hold Free & Clear
Property ID
US25-0588510
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction STEEL FRAME
Total area 21,600 SF
Lot 2.23 ac (97,269 SF)
Zoning code C-2
APN 181/00198-290-002
UPID US25-0588510
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marine Corps Recruiting office Military Recruiting Office
  • C & A Transportation & Logistics Inc Shipping Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$825k
Owner & transaction history
Elwell Gc LLC · 1 yrs held
Elwell Gc LLC
since 2025
4 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A
2023
Price N/A
Zoning & alternative use
C-2 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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, much of the strip commercial property existing along the major streets and highways of the City. The uses permitted are intended to accommod…

Zone name General Retail Highway Oriented And Central Business Commercial
General category COMMERCIAL
Zone area 1,447.00 ac
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