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    Property profile & analytics

    202 Delaware Ave Ankeny, IA 50021-6530

    • Turn key restaurants
    • 5,861 SF
    • 1.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0172725
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Guadalajara Mexican Restaurant / Mexican Restaurant / Bar

    Property Details for 202 Delaware Ave

    Year built
    2020
    Construction
    FRAME
    Lot size
    1.05 lot acres
    Property size
    5,861 SF
    Zone code
    C-2
    Property type
    Turn key restaurants
    APN
    181/00229-008-102
    APU
    18100229008102

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.5817
    Latitude
    41.7306
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $26,022
    $470,000
    $524,000
    $994,000
    -
    $470,000
    $524,000
    $994,000

    Comparable in this City

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      2414 Tones Dr

      RESTAURANT • 7,124 SF
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      810 1st St

      RESTAURANT • 8,343 SF
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      Ankeny Retail Land - 2.13 Acres

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      24.00 Acres

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    Similar Nearby for Lease

    • $25 SF/Yr
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      Ankeny Retail Space For Rent

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      Ankeny Retail Center Investment Opportunity

      High-traffic Ankeny retail space available.
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      Delaware Centre: Ankeny Retail Space

      Prime Ankeny retail space, multiple suites available.
      1802 Delaware Ave, Ankeny, IA 50021
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      152,460 SF

      Ankeny, IA Retail Outparcel

      3.5-Acre Development Site, Ground Lease Available
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      2,782 SF

      New Commercial Building in Ankeny

      New commercial building under construction on Ankeny's growing north side.
      2120 NE 36Th St, Ankeny, IA 50021
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    Property Visit Statistics

    • Visits by month
      28.9k
    • Visitors by month
      19.6k
    • Avg Time on site
      7 min
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    202 Delaware Ave
    Ankeny, IA 50021-6530
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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