Technical
Financial
Distress signals
Property profile

2625 State St Ankeny, IA 50023

OFF-MARKET
Drive through restaurants
Property ID
US25-0370005
4,000 SF 1.5 ac lot Built 2013
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2013
Construction FRAME
Total area 4,000 SF
Lot 1.5 ac (65,340 SF)
Zoning code PUD
APN 181/00557-250-001
UPID US25-0370005

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 Take-out & Catering

Location

2625 State St Ankeny, IA 50023-7012
Ankeny metro Census 10205 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$689k
Blend (final) Blend
$660k

Owner & transaction history

since 2014
5 recorded transactions
2022
Price N/A
2022
Price N/A
2014
$1.2M
2014
$1.2M
1969
Price N/A

Zoning & alternative use

PUD · Ankeny, IA
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 divers…

General category PLANNED_DEVELOPMENT

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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