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Property profile & analytics
OFF-MARKET Estimated value $1,385,000
Strip malls

2505 White Birch Dr Ankeny, IA 50023-7214

14,706 SF 1.05 ac lot Built 2010
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US25-0217217
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2010
Construction FRAME
Total area 14,706 SF
Lot 1.05 ac (45,869 SF)
Zoning code PUD
APN 181/15775-103-001
UPID US25-0217217
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
  • Anytime Fitness Gym & Fitness Center
  • Edward Jones - Financial Advisor: Mark Ellison, AAMS® Financial Advisor
  • Anani Salon & Spa Hair Salon
  • Kris' Kore Cycle Cycling Facility Gym & Fitness Center
  • Kore Cycle Ankeny Cycling Facility Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.87M
Blend (final) Blend
$1.39M
Owner & transaction history
Forselles II Partners LLC · 12 yrs held
Forselles II Partners LLC
since 2013
4 recorded transactions
2025
Price N/A
2013
$2.5M
2011
Price N/A
1969
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
Auto repair, garage $2.3M +57.5%
Medical building $2.2M +53.1%
Commercial (general) $2.1M +46.5%
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