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Property profile & analytics
OFF-MARKET Estimated value $1,130,000
Strip malls

1510 Oralabor Rd Ankeny, IA 50023-7147

11,344 SF 1.5 ac lot Built 2012
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0412480
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2012
Construction FRAME
Total area 11,344 SF
Lot 1.5 ac (65,340 SF)
Zoning code PUD
APN 181/00557-250-002
UPID US25-0412480
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
  • Shelter Insurance Insurance Agency
  • Shelter Insurance - Rick Fee Insurance Agency
  • RC Dermatology Ankeny (South) Physician Medical Clinic
  • Karen Hunke, MSN, ARNP, FNP-C, DCNP Physician
  • Katie L Hunke Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M
Owner & transaction history
Dra Properties Lc
Dra Properties Lc
1 recorded transaction
1969
Price N/A
Zoning & alternative use
PUD · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 diversification than is normally permitted by conventional single lot development in other zoning districts because of the substantial public adva…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 4,882.46 ac
Top alternative use upside
Auto repair, garage $1.8M +57.5%
Medical building $1.7M +53.1%
Commercial (general) $1.6M +46.5%
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