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    2325 State St Ankeny, IA 50023-7135
    Property profile & analytics

    2325 State St, Ankeny, IA 50023-7135

    View on Map

    • Investment properties
    • 20,618 SF
    • 2.47 lot acres
    Off-Market
    Property ID
    US25-0669294
    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.

    Value Estimations
    $3,805,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • JAIME REEDHOLM, REALTOR®️ Keller Williams Realty Ankeny Metro • Iowa / Real Estate Agency
    • C.H. Robinson / Logistics Company / Freight Service
    • Roginia Moore Homes/Keller Williams Ankeny Metro / Real Estate Agency
    • Kyle Johnson Real Estate Team / Real Estate Agency
    • Artesa Homes / Construction Company

    Property Details for 2325 State St

    Year built
    2013
    Construction
    STEEL FRAME
    Lot size
    2.47 lot acres
    Zone code
    PUD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    181/15500-001-000
    APU
    18115500001000

    Description

    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 Ankeny's thriving Prairie Trail development, this office space enjoys unparalleled access to a vibrant mix of restaurants, shopping, and entertainment options at the District at Prairie Trail, all within easy walking distance. Ankeny itself is experiencing remarkable growth, currently ranked as the 10th fastest-growing city in the United States, according to the U.S. Census Bureau, ensuring a dynamic and expanding market for your business. The space is immediately available, with occupancy possible within 30 days. Estimated 2024 expenses are $9.86 per square foot. This is a rare opportunity to secure a prime office space in one of Iowa's most desirable and rapidly growing communities. The property is currently available for lease as a single, 12,000 square foot unit.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,400,000
      6.5%
      $3,140,000
      7%
      $2,915,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,204,000
      Market price range: $1.73M - $4.20M
      AI Estimate
      $4,075,000
      Market price range: $1.04M - $4.30M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,980,000
      Current use
      RESTAURANT
      $3,550,000
      Change: +19% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,200,000
      Change: +8% Conversion: Difficult
      MEDICAL BUILDING
      $3,110,000
      Change: +4% Conversion: Easy
      RETAIL STORES
      $2,405,000
      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
    -93.6213
    Latitude
    41.7066
    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
    $116,998
    $1,360,000
    $2,790,000
    $4,150,000
    -
    $1,360,000
    $2,790,000
    $4,150,000
    More about this property
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