Technical
Financial
Distress signals
Property profile

1716 Pne Rd Ankeny, IA 50023

OFF-MARKET
Residential income homes
Property ID
US25-0420537
3,372 SF 0.23 ac lot Built 1976
Individually Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1976
Construction FRAME
Total area 3,372 SF
Lot 0.23 ac (9,958 SF)
Zoning code R-3A
APN 181/00393-107-003
UPID US25-0420537

Cap rate & NOI

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

Location

1716 Pne Rd Ankeny, IA 50023-1249
Ankeny metro Census 10208 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2012
3 recorded transactions
2012
$430,000
2005
Price N/A
1969
Price N/A

Zoning & alternative use

R-3A · Ankeny, IA
Zoning description

TRICT ESTABLISHMENT AND ZONING MAP. 192.02 SITE PLAN REQUIREMENTS. 192.03 R-1 ONE-FAMILY RESIDENCE DISTRICT. 192.04 R-2 ONE-FAMILY AND TWO-FAMILY RESIDENCE DISTRICT. 192.05 R-3 MULTIPLE-FAMILY RESIDENCE DISTRICT. 192.06…

General category RESIDENTIAL

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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