Technical
Financial
Distress signals
Property profile

2201 1st St Ankeny, IA 50023

OFF-MARKET
Medical Office Space
Property ID
US25-0406631
6,680 SF 1.13 ac lot Built 1978
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,339 square foot executive office suite is ideally situated at 2201 W 1st Street in Ankeny, Iowa, within Polk County. The entire space is currently vacant and available for immediate lease as a single-tenant occupancy. This presents a unique opportunity for a business seeking a substantial, self-contained office environment. The property's location in Ankeny offers convenient access to major transportation routes, ensuring easy commutes for employees and clients. The building's total square footage mirrors the available space, providing complete control and privacy for the tenant. This is a single-tenant property, eliminating the complexities and potential disruptions associated with shared spaces. The address is 2201 W 1st St, Ankeny, IA 50023. The property is classified as an executive office space, suggesting a high level of finish and suitability for professional businesses. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this prime Ankeny location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. This presents a rare opportunity to secure a substantial, well-located office space in a thriving Iowa community. The property's size and layout are ideal for a variety of businesses seeking a professional and efficient workspace.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Construction FRAME
Total area 6,680 SF
Lot 1.13 ac (49,136 SF)
Zoning code C-2
APN 181/00495-019-001
UPID US25-0406631

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • Alternative Medicine Practice
  • Pediatrician Medical Clinic
  • Vocational School Training Center

Location

2201 1st St Ankeny, IA 50023-2484
Ankeny metro Census 10207 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$515k
Blend (final) Blend
$520k

Owner & transaction history

since 2025
Last sale
$17,000
2 recorded transactions
2025
$17,000
2021
Price N/A

Zoning & alternative use

C-2 · Ankeny, IA
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,…

General category COMMERCIAL

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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