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Property profile & analytics
OFF-MARKET Estimated value $2,205,000
Strip malls

1810 White Birch Cir Ankeny, IA 50023-7226

26,912 SF 3.23 ac lot Built 2005
Individually Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-2503869
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction STEEL FRAME
Total area 26,912 SF
Lot 3.23 ac (140,829 SF)
Zoning code C-2
APN 181/01503-001-000
UPID US25-2503869
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
  • Betsy Bolton, PA-C Physician
  • David Berg, DO Physician
  • World Of Vision / Elite Eye Care Eye Care Center Optician
  • The Headquarters Barber Lounge Barber Shop
  • Paczkowski Karen MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$2.21M
Owner & transaction history
Csfbm 2007-c2 White Birch Plaz · 11 yrs held
Csfbm 2007-c2 White Birch Plaz
since 2015
7 recorded transactions
2015
$1.0M
2007
Price N/A
2007
$4.6M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
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
Retail stores $3.1M +18.3%
Apartment house (5+ units) $2.7M +1.8%
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