Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2625 Ankeny Blvd Ankeny, IA 50023-4704
    Back to Search
    Property profile & analytics

    2625 Ankeny Blvd, Ankeny, IA 50023-4704

    View on Map
    • Medical Office Space
    • 7,192 SF
    • 1.26 lot acres
    Off-Market
    Property ID
    US25-0158887
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $860,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • DaVita Ankeny Dialysis / Medical Clinic

    Property Details for 2625 Ankeny Blvd

    Year built
    2013
    Construction
    FRAME
    Lot size
    1.26 lot acres
    Zone code
    C-2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    181/00553-070-013
    APU
    18100553070013

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 4, 2013 $2,060,000 Ankeny Complex LP Ankeny Renal Construction LLC Special Warranty Deed —
    Nov 1, 2012 $289,500 Akeny Renal Cons LLC Dra Properties LLC Special Warranty Deed $1.1M · Community Trust Bank
    Oct 1, 2008 — Dra Properties Lc — Deed Of Trust · related $5.6M · Visionbank Of Iowa
    Apr 26, 2005 — Dra Properties Lc — Trustees Deed · related $1.7M · Valley Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,085,000
      Current use
      RESTAURANT
      $1,240,000
      Change: +14% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,115,000
      Change: +3% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,040,000
      Change: -4% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.5994
    Latitude
    41.7529
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $59,458
    $433,000
    $1,757,000
    $2,190,000
    -
    $433,000
    $1,757,000
    $2,190,000

    Comparable in this City

    • Value Estimation
      $570,000
      5,465 SF

      1310 State St

      MEDICAL BUILDING
      1310 State St, Ankeny, IA 50023-2695
      View Details
    • Value Estimation
      $1,100,000
      10,743 SF

      2605 White Birch Dr

      MEDICAL BUILDING
      2605 White Birch Dr, Ankeny, IA 50023-7204
      View Details
    • Value Estimation
      $6,205,000
      62,144 SF

      3625 Ankeny Blvd

      MEDICAL BUILDING
      3625 Ankeny Blvd, Ankeny, IA 50023-4610
      View Details
    • Value Estimation
      $810,000
      8,514 SF

      309 Ankeny Blvd

      MEDICAL BUILDING
      309 Ankeny Blvd, Ankeny, IA 50023-1733
      View Details
    • Value Estimation
      $1,565,000
      13,886 SF

      2515 State St

      MEDICAL BUILDING
      2515 State St, Ankeny, IA 50023-7079
      View Details
    • Value Estimation
      $520,000
      6,680 SF

      2201 1st St

      MEDICAL BUILDING
      2201 1st St, Ankeny, IA 50023-2484
      View Details

    Similar Nearby for Sale

    • $3,620,000
      12,960 SF

      Ankeny Daycare Investment Opportunity

      12,960 SF Daycare/Medical Building, $3.62M
      1606 Irvinedale Dr, Ankeny, IA 50023
      View Details
    • Contact for pricing

      Independent Senior Living Cooperative Unit

      Independent senior living cooperative unit with recent updates and amenities.
      1370 SW Magazine Rd, Ankeny, IA 50023
      View Details
    • Contact for pricing
      3,825 SF

      Ankeny Boulevard Medical/Professional Office

      Former physical therapy clinic suitable for medical or professional services.
      2675 N Ankeny Blvd, Ankeny, IA 50023
      View Details
    • Contact for pricing

      9 Acre Development Parcel Ankeny

      9 acre development parcel for mixed-use, office, retail, restaurant.
      508 NW 36Th St, Ankeny, IA 50023
      View Details
    • Contact for pricing
      6,358 SF

      7040 NE 14th St, Ankeny, IA 50023

      Mixed-use properties
      7040 NE 14Th St, Ankeny, IA 50023
      View Details
    • Contact for pricing
      4,272 SF

      Ankeny Executive Office Building

      Prime Ankeny location, 4,272 SF office space
      306 Ankeny Blvd, Ankeny, IA 50023
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      12,960 SF

      Ankeny Medical/Creative Office Space

      Modern Ankeny office, 2 suites available.
      1606 Irvinedale Dr, Ankeny, IA 50023
      View Details
    • $14 SF/Yr
      4,272 SF

      Ankeny Office Building For Sale

      Prime Ankeny location, 4,272 sq ft office space.
      306 Ankeny Blvd, Ankeny, IA 50023
      View Details
    • $12 SF/Yr
      7,236 SF

      Ankeny Executive Office Space

      Prime Ankeny office suites available.
      213 Ankeny Blvd, Ankeny, IA 50023
      View Details
    • Contact for pricing

      Destination Retail and Office Space

      Retail and office spaces available within a vibrant mixed-use district.
      1535 SW Market St, Ankeny, IA 50023
      View Details
    • Contact for pricing
      451 SF

      Ankeny Office Space For Rent

      Office space for rent with ample parking and common restrooms.
      301 N Ankeny Blvd, Ankeny, IA 50023
      View Details
    • Contact for pricing

      Ankeny Commercial Space Available

      Commercial space for rent in Ankeny, Iowa.
      1345 SW Park Sq Dr, Ankeny, IA 50023
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2625 Ankeny Blvd
    Ankeny, IA 50023-4704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2625 Ankeny Blvd, Ankeny, IA, 50023
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!