225 NW 18Th St Ankeny, IA 50023
Property profile & analytics
225 NW 18Th St, Ankeny, IA 50023
- Investment properties
- 12,000 SF
- 1.46 lot acres
Property ID
US25-1153834
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.
Location Intelligence
Current Use by Public Records
- MOVEWELL Iowa / Gym & Fitness Center
- Geri Doyle / Real Estate Agency
- Corrie Davis, Realtor / Real Estate Agency
- Randy Brady Realtor, Lpt realty / Real Estate Agency
- Christa Mooi, Realtor with LPT Realty / Real Estate Agency
Property Details for 225 NW 18Th St
- Year built
- 2018
- Construction
- FRAME
- Lot size
- 1.46 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 181/14450-206-000
- APU
- 18114450206000
Description
This exceptional 2,452 square foot executive office space, located within the Northview Park II complex in Ankeny, IA, presents a unique opportunity. Situated in a thriving, rapidly growing area of the city, this Class B building offers a single suite available for lease. Built in 2018, the property boasts a total of 12,000 square feet across one story, and sits on a 1.46-acre lot. The suite features a "vanilla box" finish, abundant natural light from its fully windowed perimeter, and includes a bathroom with a shower. The property is zoned C-2 and benefits from a strong retail corridor with notable co-tenants including Re/Max, Midwest Marketing, Dunkin' Donuts, Little Caesars, Mathnasium, Which Wich, Cost Cutters, Rosati's Pizza, Edward Jones, and Family Wellness Chiropractic. Its convenient location offers proximity to the Prairie Ridge Sports Complex, YMCA, and area middle/high schools. The lease is available through October 31, 2024, and the asking rate is $15.50 per square foot, NNN. This property is ideal for businesses seeking a modern, well-located office space in a dynamic Ankeny submarket.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,980,000
- 6.5%
- $1,830,000
- 7%
- $1,695,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,447,000
- AI Estimate
- $2,346,000
Market price range: $1.01M - $2.45MMarket price range: $604k - $2.50M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,735,000 Current use
- RESTAURANT
- $2,065,000 Change: +19% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,865,000 Change: +8% Conversion: Difficult
- MEDICAL BUILDING
- $1,810,000 Change: +4% Conversion: Easy
- RETAIL STORES
- $1,400,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ankeny
- County
- Polk
- State
- Iowa
- Longitude
- -93.6025
- Latitude
- 41.7451
- 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
$35,154
$543,000
$1,847,000
$2,390,000
-
$543,000
$1,847,000
$2,390,000
