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    1325 SW Oralabor Rd Ankeny, IA 50023

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    1325 SW Oralabor Rd Ankeny, IA 50023


    • Strip malls
    • 15,910 SF
    • 2.85 lot acres
    Ankeny Restaurant with Drive-Thru For Lease
    $1,590,000
    2,127 SF

    Ankeny Restaurant with Drive-Thru

    Fully equipped restaurant with drive-thru in Ankeny, Iowa.

    1325 SW Oralabor Rd, Ankeny, IA
    View Listing
    Property ID
    US25-0222125
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bodywork with Tiffany / Alternative Medicine Practice / Spa & Massage Center
    • Chicken Coop / Bar & Pub / Restaurant
    • Textbook Outlet / (Bike/Boat/Book/etc) Store
    • ABC SMOKE Ankeny IA / (Bike/Boat/Book/etc) Store

    Property Details for 1325 SW Oralabor Rd

    Year built
    2013
    Construction
    FRAME
    Lot size
    2.85 lot acres
    Property size
    15,910 SF
    Zone code
    PUD
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    181/00680-700-201
    APU
    18100680700201

    Description

    This exceptional 1,818 square foot retail space is available for lease within the Shops at Tradition I, a single-story, freestanding building located in Ankeny, Polk County, Iowa. Built in 2013, the property boasts a total of 15,910 square feet situated on a 2.85-acre lot (124,146 square feet). The space, Suite #216, is ideally suited for a salon or similar business, featuring existing plumbing for shampoo bowls and pedicure stations, a central vacuum system, and an 80-gallon water heater. The lease rate is $19.50 per square foot, NNN. This high-visibility location on Oralabor Road benefits from significant traffic volume and enjoys excellent co-tenancy with established businesses including The Chicken Coop, ABC Smoke, H&R Block, Ben's Burgers, Textbook Outlet, and 360 Med Spa. Its proximity to DMACC and Prairie Trail further enhances its desirability. The property is zoned Pud. This is a rare opportunity to secure a well-appointed retail space in a thriving Ankeny submarket. The building has no elevators.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,570,000
      Current use
      AUTO REPAIR, GARAGE
      $2,470,000
      Change: +58% Conversion: Difficult
      MEDICAL BUILDING
      $2,400,000
      Change: +53% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,300,000
      Change: +47% Conversion: Easy
      RETAIL STORES
      $1,855,000
      Change: +18% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,595,000
      Change: +2% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,325,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.6178
    Latitude
    41.7022
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $119,454
    $1,370,000
    $3,040,000
    $4,410,000
    -
    $1,370,000
    $3,040,000
    $4,410,000
    View Listing
    More about this property
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