Technical
Financial
Distress signals
Property profile

2302 1st St Ankeny, IA 50023

OFF-MARKET
Medical Office Space
Property ID
US25-0215950
4,268 SF 0.36 ac lot Built 1991
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction FRAME
Total area 4,268 SF
Lot 0.36 ac (15,800 SF)
Zoning code C-2
APN 181/00495-012-000
UPID US25-0215950

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

2302 1st St Ankeny, IA 50023-5106
Ankeny metro Census 10207 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2025
Last sale
$5,500
7 recorded transactions
2025
$5,500
2019
Price N/A
2018
$395,000
2011
$185,000
2008
Price N/A
2008
Price N/A
1969
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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