Technical
Financial
Distress signals
Property profile

1321 Ordnance Rd Ankeny, IA 50023

OFF-MARKET
Retail properties & Spaces
Property ID
US25-0050459
336 SF 0.2 ac lot Built 2021
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 2021
Construction CONCRETE
Total area 336 SF
Lot 0.2 ac (8,506 SF)
APN 181/00494-022-003
UPID US25-0050459

Cap rate & NOI

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

Location

1321 Ordnance Rd Ankeny, IA 50023
Ankeny metro Census 10205 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$40k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2021
$70,000

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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