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Property profile & analytics
FOR LEASE
Strip malls

110 N Ankeny Blvd Ankeny, IA 50023

36,340 SF 3.49 ac lot Built 2006
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US25-2552405
Property summary
AI-generated overview

This exceptional 1,706-square-foot office suite is situated within a newly remodeled 37,000-square-foot building at 110 N Ankeny Blvd, Ankeny, IA 50023. The property boasts a prime location at the northwest corner of 1st Street and Ankeny Boulevard, a high-traffic area with excellent visibility. Built in 1975 and renovated in 2006, this Class B building offers a modern workspace with 16-foot ceilings. The suite is part of a multi-tenant building with ample parking (6.88 spaces per 1,000 square feet) and prominent signage opportunities along the masonry and glass façade. The property is zoned C2 and features a convenient location in Ankeny's thriving submarket. Property taxes are $3 per square foot. The APN is 181-00554810000. This versatile space is suitable for various office uses, including executive, coworking, medical, and creative office settings. A total of 1,700 square feet is currently vacant within the building. This is a rare opportunity to secure office space in a high-visibility location with convenient amenities. The building's modern design and ample parking make it an attractive option for businesses seeking a professional and accessible workspace.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction STEEL FRAME
Total area 36,340 SF
Lot 3.49 ac (151,894 SF)
APN 181/00554-810-000
UPID US25-2552405
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
  • Kate Novak Physician
  • Donate a Car to Charity Ankeny IA Charitable Organization
  • Cornbelt Financial, LLC Tax Preparation
  • Ankeny Economic Development Corporation Social Service Agency
  • Blue Bean | Coffee & Coworking Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.21M
Owner & transaction history
Doyle Elwell Investments INC · 3 yrs held
Doyle Elwell Investments INC
since 2023
3 recorded transactions
2023
Price N/A
2023
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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