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Property profile & analytics
OFF-MARKET Estimated value $4,275,000
Investment properties

1250 State St Ankeny, IA 50023-2555

15,040 SF 1.59 ac lot Built 2010
Entity Owned 5-yr Hold Free & Clear
Property ID
US25-0600942
Property summary
AI-generated overview

This exceptional executive office suite, located at 1250 SW State Street in Ankeny, Iowa, offers 2,802 square feet of immediately available space within a larger 14,698 square foot building constructed in 2010. The property is situated in a vibrant, mixed-use neighborhood known as The District in Prairie Trail. This dynamic location provides convenient access to a wide array of amenities, including numerous restaurants, bars, entertainment venues, boutiques, and other businesses. The building itself is designed for multiple tenants, offering a professional and collaborative environment. The suite's 2,802 square feet provides ample space for a variety of business needs, making it ideal for companies seeking a modern and well-located office space. The address is 1250 SW State St, Ankeny, IA 50023. Its strategic location within The District in Prairie Trail ensures high visibility and easy access for clients and employees. The building's modern design and construction contribute to a comfortable and efficient workspace. This is a rare opportunity to secure prime office space in a thriving Ankeny community. The property's proximity to a diverse range of amenities makes it an attractive option for businesses seeking a convenient and dynamic location. Don't miss this chance to establish your business in this sought-after area.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2010
Construction FRAME
Total area 15,040 SF
Lot 1.59 ac (69,260 SF)
Zoning code PUD
APN 181/00800-391-051
UPID US25-0600942
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
  • Lighting Solutions Big Box & Wholesale Store
  • Beauty Decree (Bike/Boat/Book/etc) Store Cosmetic Store
  • College Connectors - Iowa Training Center
  • WealthCharter Retirement Planning + Tax Financial Advisor
  • Saylorville chiropractic, pc Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.95M
Blend (final) Blend
$4.28M
Owner & transaction history
Sh Inv Props LLC · 5 yrs held
Sh Inv Props LLC
since 2021
Last sale
$4.3M
4 recorded transactions
2021
$4.3M
2020
$125,000
2016
$4.1M
2013
$736,000
Zoning & alternative use
PUD · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.6M +19.2%
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