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Property profile & analytics
OFF-MARKET Estimated value $850,000
Strip malls

1810 Plz Shops Ln Ankeny, IA 50023-7184

8,846 SF 1.1 ac lot Built 2014
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-1279972
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2014
Construction FRAME
Total area 8,846 SF
Lot 1.1 ac (47,829 SF)
Zoning code PUD
APN 181/15775-104-002
UPID US25-1279972
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$850k
Owner & transaction history
1810 Sw Plaza Shops Lane LLC · 5 yrs held
1810 Sw Plaza Shops Lane LLC
since 2021
3 recorded transactions
2021
Price N/A
2017
Price N/A
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 $1.4M +57.5%
Medical building $1.3M +53.1%
Commercial (general) $1.3M +46.5%
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