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Property profile & analytics
OFF-MARKET Estimated value $2,110,000
Hotels

215 Delaware Ave Ankeny, IA 50021-6690

40,164 SF 1.97 ac lot Built 2001
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US25-0180193
Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2001
Construction FRAME
Total area 40,164 SF
Lot 1.97 ac (85,813 SF)
Zoning code C-2
APN 181/00495-007-038
UPID US25-0180193
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
  • Fairfield Inn & Suites by Marriott Ankeny Hotel & Motel
  • Comfort Inn & Suites Ankeny - Des Moines Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$2.11M
Owner & transaction history
Rudraksha Hospitality INC · 1 yrs held
Rudraksha Hospitality INC
since 2024
7 recorded transactions
2024
$4.4M
2022
Price N/A
2021
Price N/A
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
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