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Property profile & analytics
OFF-MARKET Estimated value $2,270,000
Automotive properties

1727 Ankeny Blvd Ankeny, IA 50023-8992

10,640 SF 14.3 ac lot Built 1980
Entity Owned 5-yr Hold Free & Clear
Property ID
US25-0192313
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1980
Construction STEEL FRAME
Total area 10,640 SF
Lot 14.3 ac (622,821 SF)
Zoning code C-2
APN 181/00394-001-027
UPID US25-0192313
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
  • Imperial R-V Center Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$2.27M
Owner & transaction history
Ww Futures II LLC · 5 yrs held
Ww Futures II LLC
since 2020
Last sale
$2.7M
2 recorded transactions
2020
$2.7M
2018
$2.7M
Zoning & alternative use
C-2 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

192.09 C-2 GENERAL RETAIL, HIGHWAY ORIENTED, AND CENTRAL BUSINESS COMMERCIAL DISTRICT. The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much of the strip commercial property existing along the major streets and highways of the City. The uses permitted are intended to accommod…

Zone name General Retail Highway Oriented And Central Business Commercial
General category COMMERCIAL
Zone area 1,447.00 ac
Top alternative use upside
Restaurant $1.8M +10.8%
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