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Property profile

2325 State St Ankeny, IA 50023

OFF-MARKET
Investment properties
Property ID
US25-0669294
20,618 SF 2.47 ac lot Built 2013
Last sale Dec 2014 · $3,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 12,000 square foot traditional office space in Ankeny, Iowa, offers a fantastic opportunity for businesses seeking a modern and convenient location. The property features multiple private offices, a well-equipped conference room, a dedicated training room or open work area, and a spacious break room, providing ample space for a variety of needs. The building boasts ample front door parking, a significant advantage for employees and clients. Strategically located within…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$117k
Tax billed · 2020
Assessed value · 2023$4.15M
Assessed land$1.36M
Assessed improvement$2.79M
Effective rate2.82%

Value estimate

· Oct 2026
$3.81M
$3.42M – $4.19M
CAP approach$3.14M
Submarket $/SF estimate$4.20M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$84 – $204
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PUD
The purpose of this district is to promote and encourage development or redevelopment of tracts of land on a planned, unified basis by al...
General categoryPLANNED_DEVELOPMENT
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop16.0
Building Supply15.9
Auto Repair Shop14.2

Location

2325 State St Ankeny, IA 50023-7135
County assessor Recorded deeds · 1 transfer 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1513 Ankeny, Ankeny, IA 50023-4167 $835,000 Dec 2025 15,115 SF
301 Oralabor, Ankeny, IA 50023-9546 $1,562,500 Feb 2024 27,000 SF
2405 Ankeny, Ankeny, IA 50023-4711 $415,000 May 2022 11,264 SF
1605 Ankeny, Ankeny, IA 50023-4163 $1,300,000 Dec 2021 15,200 SF
1255 Ankeny, Ankeny, IA 50023-4008 $2,300,000 Nov 2021 13,334 SF
1201 State, Ankeny, IA 50023-2671 $2,875,000 Dec 2020 17,487 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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