Financial
Distress signals
Property profile

1805 SE Delaware Ave Ankeny, IA 50021

FOR LEASE
Strip malls
Property ID
US25-2579039
15,670 SF 1.46 ac lot Built 2005
Last sale Jul 2007 · $5,088,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 2,093 square foot retail space, currently configured as a salon, is available for sublease in Ankeny, Iowa. Situated on Delaware Avenue, this single-tenant property boasts a prime location near high-traffic retailers such as Target, Starbucks, and TJ Maxx, ensuring excellent visibility and foot traffic. The building features central heating and cooling, high ceilings with ample ventilation, and abundant natural lighting, creating a comfortable and inviting atmosphere. The space includes

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?
$96k
Tax billed · 2020
Assessed value · 2023$3.39M
Assessed land$1.20M
Assessed improvement$2.19M
Effective rate2.83%

Value estimate

· Sep 2026
$1.44M
$1.29M – $1.58M
Sales comparison$1.82M
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$4k
Operating expenses−$11k
NOI · 125,742.86% cap applied$26k

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?
125,742.86%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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
HVAC Service13.3

Location

1805 SE Delaware Ave Ankeny, IA 50021
County assessor Recorded deeds · 7 transfers 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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