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Property profile & analytics
OFF-MARKET Estimated value $1,215,000
Strip malls

2410 White Birch Dr Ankeny, IA 50023-7299

14,207 SF 1.64 ac lot Built 2018
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0183221
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2018
Construction FRAME
Total area 14,207 SF
Lot 1.64 ac (71,526 SF)
Zoning code PUD
APN 181/15775-006-000
UPID US25-0183221
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Duck Worth Wearing Discount Store (Bike/Boat/Book/etc) Store
  • Silk Elephant Restaurant
  • The Outside Scoop Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$1.22M
Owner & transaction history
D R A Properties Lc · 7 yrs held
D R A Properties Lc
since 2018
2 recorded transactions
2018
Price N/A
2011
Price N/A
Zoning & alternative use
PUD · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

192.15 PUD PLANNED UNIT DEVELOPMENT DISTRICT. The purpose of this district is to promote and encourage development or redevelopment of tracts of land on a planned, unified basis by allowing greater flexibility and diversification than is normally permitted by conventional single lot development in other zoning districts because of the substantial public adva…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 4,882.46 ac
Top alternative use upside
Retail stores $1.7M +18.3%
Apartment house (5+ units) $1.4M +1.8%
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