Financial
Distress signals
Property profile

1690 Delaware Ave Ankeny, IA 50021

OFF-MARKET
Strip malls
Property ID
US25-0427863
16,598 SF 3.13 ac lot Built 2008
Last sale Jun 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional retail opportunity is located at 1690 SE Delaware Ave in Ankeny, Iowa, within the Delaware Square complex. The property boasts a total of 16,598 square feet across a single, one-story building constructed in 2008. Currently, 1,227 square feet of retail space is available for lease, ideal for a variety of businesses. The property sits on a generous 3.14-acre lot and offers ample parking with 120 spaces available for customers and employees. The building is zoned C-2,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$83k
Tax billed · 2020
Assessed value · 2023$3.01M
Assessed land$1.45M
Assessed improvement$1.56M
Effective rate2.77%

Value estimate

· Sep 2026
$1.44M
$1.29M – $1.58M
Sales comparison$1.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.9
Dental Office14.1
Parking Facility13.2

Location

1690 Delaware Ave Ankeny, IA 50021-4694
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1690 Delaware Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message