Property profile

2905 S Ankeny Blvd Ankeny, IA 50021

FOR SALE
Commercial land
Property ID
US25-0260194
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Property summary

AI-generated overview

The Springwood Development is located off Oralabor Road and S. Ankeny Blvd and comprises a planned 30-acre commercial subdivision with individual lots sized from approximately 0.79 to 3.5 acres. The development includes a mix of retail, office, and entertainment uses, and is associated with multiple businesses such as Pizza Ranch, Urban Air, Fareway, Little Endeavors, Vesta Salon and Spa, along with a strip center containing 7 tenants. The site is positioned south of Oralabor Road and S. Ankeny Blvd and is described as having frontage exposure to an estimated traffic count of about 22,700 vehicles per day; nearby retail and service uses in the area include Fareway Foods, Urban Air, Pizza Ranch, and Springwood Shopping Center.

Property profile

Verified
Property type Commercial land
UPID US25-0260194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2905 S Ankeny Blvd Ankeny, IA 50021
Ankeny metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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