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Property profile & analytics
OFF-MARKET Estimated value $4,880,000
Automotive properties

1101 Oralabor Rd Ankeny, IA 50021-3950

85,978 SF 11.01 ac lot Built 2002
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US25-0223279
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2002
Construction STEEL FRAME
Total area 85,978 SF
Lot 11.01 ac (479,596 SF)
Zoning code C-2
APN 181/00391-201-003
UPID US25-0223279
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
  • Karl Chevrolet Service Auto Repair Shop Vehicle Inspection Center
  • Enterprise Rent-A-Car Car Rental Facility
  • Karl Chevrolet Collision Center Auto Repair Shop
  • Karl Chevrolet, Inc. Car Dealership Auto Repair Shop
  • Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.27M
Blend (final) Blend
$4.88M
Owner & transaction history
Karl Chevrolet INC · 2 yrs held
Karl Chevrolet INC
since 2024
7 recorded transactions
2024
Price N/A
2017
Price N/A
2012
Price N/A
2010
Price N/A
2008
Price N/A
2007
Price N/A
2005
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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