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    Property profile & analytics

    2625 State St Ankeny, IA 50023-7012

    • Drive through restaurants
    • 4,000 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0370005
    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.

    Current Use by Public Records

    • McDonald's / Fast Food Restaurant / Breakfast Restaurant

    Property Details for 2625 State St

    Year built
    2013
    Construction
    FRAME
    Lot size
    1.50 lot acres
    Property size
    4,000 SF
    Zone code
    PUD
    Property type
    Drive through restaurants
    APN
    181/00557-250-001
    APU
    18100557250001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.6208
    Latitude
    41.7039
    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
    $52,010
    $1,000,600
    $1,059,200
    $2,059,800
    -
    $1,000,600
    $1,059,200
    $2,059,800

    Comparable in this City

    • Value Estimation
      $515,000
      2,481 SF

      802 Ankeny Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,481 SF
      802 Ankeny Blvd, Ankeny, IA 50023-1767
      View Details
    • Value Estimation by Request
      3,520 SF

      1510 Tradition Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,520 SF
      1510 Tradition Dr, Ankeny, IA 50023-9293
      View Details
    • Value Estimation
      $3,185,000
      1,610 SF

      1451 Ankeny Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,610 SF
      1451 Ankeny Blvd, Ankeny, IA 50023-4118
      View Details
    • Value Estimation by Request
      2,560 SF

      1850 Ankeny Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,560 SF
      1850 Ankeny Blvd, Ankeny, IA 50023-1800
      View Details
    • Value Estimation by Request
      3,490 SF

      1730 Ankeny Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,490 SF
      1730 Ankeny Blvd, Ankeny, IA 50023-4107
      View Details
    • Value Estimation
      $2,195,000
      2,283 SF

      1225 Oralabor Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,283 SF
      1225 Oralabor Rd, Ankeny, IA 50023-8063
      View Details

    Similar Nearby for Sale

    • $120,000
      2,127 SF

      Ankeny Restaurant with Drive-Thru

      Fully equipped restaurant with drive-thru in Ankeny, Iowa.
      1325 SW Oralabor Rd, Ankeny, IA 50023
      View Details
    • $2,050,000
      6,784 SF

      Ankeny Storefront Investment Opportunity

      High-return Ankeny storefront, 100% occupied.
      1850 Plz Shops Ln, Ankeny, IA 50023
      View Details
    • $2,000,000
      6,656 SF

      Plaza Shops Lane Office Building

      Ankeny, IA Office/Retail Investment Opportunity
      1910 Plz Shops Ln, Ankeny, IA 50023
      View Details
    • $3,417,227
      12,486 SF

      Mixed-Use Development For Sale

      20,400 SF mixed-use property with retail, office, and apartments.
      7040 NE 14Th St, Ankeny, IA 50023
      View Details
    • $3,417,227
      6,358 SF

      Ankeny Mixed-Use Investment

      High-yield Ankeny property, 6,358 SF.
      7040 14Th St, Ankeny, IA 50023
      View Details
    • $1,420,927
      2.33 Acres

      Ankeny Commercial Land - 2.33 Acres

      Prime Ankeny location, C-2 zoning, high traffic.
      0 18Th St, Ankeny, IA 50023
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      1,551 SF

      Freestanding Building on Ankeny Blvd

      Remodeled 1551 SF building with drive-thru opportunity.
      409 S Ankeny Blvd, Ankeny, IA 50023
      View Details
    • $25 SF/Yr
      12,750 SF

      Northview Centre II Retail Space

      Ankeny, IA retail center with 2 suites available.
      1550 Ankeny Blvd, Ankeny, IA 50023
      View Details
    • $17 SF/Yr
      10,236 SF

      Ankeny Executive Office Space

      Prime Ankeny location, 2,524 sq ft available.
      1315 Oralabor Rd, Ankeny, IA 50023
      View Details
    • $16 SF/Yr
      2,000 SF

      Retail Space with Outdoor Patio

      2,000 SF retail space with grease interceptor access.
      1802 N Ankeny Blvd, Ankeny, IA 50023
      View Details
    • $22 SF/Yr
      14,365 SF

      Ankeny Retail Space For Lease

      Prime Ankeny storefront, 3,491 sq ft available.
      2510 White Birch Dr, Ankeny, IA 50023
      View Details
    • $26 SF/Yr
      32,617 SF

      Prime Ankeny Retail Space

      1,787 SF Retail Space Available in Thriving Ankeny
      1615 Main St, Ankeny, IA 50023
      View Details

    Property Visit Statistics

    • Visits by month
      37.8k
    • Visitors by month
      20.8k
    • Avg Time on site
      10 min
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    2625 State St
    Ankeny, IA 50023-7012
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    Realmo Value Estimation

    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.

    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.

    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
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