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Property profile & analytics
OFF-MARKET Estimated value $3,205,000
Strip malls

2510 White Birch Dr Ankeny, IA 50023-7170

16,667 SF 1.57 ac lot Built 2015
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US25-0259516
Property summary
AI-generated overview

Plaza Shoppes II in Ankeny, Iowa, offers a fantastic retail or restaurant opportunity. This multi-tenant property, located at 2510 SW White Birch Dr, zip code 50023, boasts a total of 14,365 square feet. Currently, a sizable 3,491 square foot space is available for lease, perfect for a variety of businesses. The property is situated in Polk County, offering excellent access to a thriving community. The address provides convenient access for customers and employees alike. This storefront space presents a unique chance to establish or expand your business in a high-traffic area within a well-maintained shopping center. The building's design and layout are conducive to a variety of retail and restaurant concepts. The ample square footage allows for flexible floor plans to accommodate diverse business needs. This is an exceptional opportunity to secure a prominent location in a desirable Ankeny commercial district. Serious inquiries are encouraged to explore this promising retail space. Contact us to schedule a viewing and discuss lease terms.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Construction FRAME
Total area 16,667 SF
Lot 1.57 ac (68,476 SF)
Zoning code PUD
APN 181/15775-005-000
UPID US25-0259516
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
  • 20|Twenty EyeCare Eye Care Center
  • Dr. Lisa Domino Physician
  • The Whiskey House and Bourbon Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.89M
CAP Approach CAP
$3.27M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.21M
Owner & transaction history
Tl 2510 Sw White Birch Dr LLC · 4 yrs held
Tl 2510 Sw White Birch Dr LLC
since 2022
Last sale
$4.1M
3 recorded transactions
2022
$4.1M
2022
$910,000
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
Restaurant $2.9M +74.6%
Auto repair, garage $2.6M +57.5%
Medical building $2.5M +53.1%
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