Technical
Financial
Distress signals
Property profile

1360 18th St Ankeny, IA 50023

OFF-MARKET
Medical Office Space
Property ID
US25-0437464
7,842 SF 0.82 ac lot Built 2020
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2020
Construction FRAME
Total area 7,842 SF
Lot 0.82 ac (35,928 SF)
Zoning code PUD
APN 181/00555-100-006
UPID US25-0437464

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Medical Clinic
  • Pediatrician Physician
  • Alternative Medicine Practice
  • Pediatrician Physician

Location

1360 18th St Ankeny, IA 50023-9105
Ankeny metro Census 10216 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
$750k

Owner & transaction history

since 2019
4 recorded transactions
2019
$216,000
2018
$205,000
2018
$205,000
2015
$205,000

Zoning & alternative use

PUD · Ankeny, IA
Zoning description

192.15 PUD PLANNED UNIT DEVELOPMENT DISTRICT. The purpose of this district is to promote and encourage development or redevelopment of tracts of land on a planned, unified basis by allowing greater flexibility and divers…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Auto repair, garage $1.2M +2.9%

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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