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Property profile & analytics
FOR SALE
Hotels

2502 SE Hulsizer Rd Ankeny, IA 50021

60,598 SF 2.59 ac lot Built 2021
Entity Owned Absentee Owner Free & Clear
Property ID
US25-0126657
Property summary
AI-generated overview

This exceptional 107,623 square foot development site is located in Ankeny, Iowa, at 2502 & 2602 SE Hulsizer Rd, in Polk County, zip code 50021. The property is zoned M-1, making it ideal for a variety of uses including showroom, industrial, or office space. Its strategic location offers convenient access to Interstate 80/35, placing it within easy reach of a major transportation artery. Furthermore, the property boasts significant frontage on the newly realigned Hulsizer Road. A key advantage is the planned installation of a signaled intersection at the juncture of Hulsizer and Oralabor Roads, promising enhanced visibility and accessibility. This high-traffic area sees approximately 20,100 vehicles daily, presenting a substantial opportunity for businesses seeking high visibility and convenient access for customers and employees. The asking price for this exceptional development opportunity is $591,927. This property represents a rare chance to acquire a well-positioned site in a thriving Ankeny location.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2021
Construction FRAME
Total area 60,598 SF
Lot 2.59 ac (112,864 SF)
APN 181/00670-003-001
UPID US25-0126657
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.66M
Blend (final) Blend
$3.78M
Owner & transaction history
HORIZON HOTELS IOWA LLC
HORIZON HOTELS IOWA LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $6.0M +35.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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