Technical
Financial
Distress signals
Property profile

2414 Tones Dr Ankeny, IA 50021

OFF-MARKET
Turn key restaurants
Property ID
US25-0285711
7,124 SF 1.92 ac lot Built 2008
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2008
Construction FRAME
Total area 7,124 SF
Lot 1.92 ac (83,461 SF)
Zoning code M-1
APN 181/00528-610-262
UPID US25-0285711

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
  • Restaurant

Location

2414 Tones Dr Ankeny, IA 50021-8885
Ankeny metro Census 10212 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2008
2 recorded transactions
2008
$584,500
2007
Price N/A

Zoning & alternative use

M-1 · Ankeny, IA
Zoning description

192.12 M-1 LIGHT INDUSTRIAL DISTRICT. The M-1 District is intended and designed to provide areas of the City suitable for activities and uses of a light industrial nature. Such districts do not require the high standards…

General category INDUSTRIAL

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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