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Property profile & analytics
OFF-MARKET
Turn key restaurants
302 Maple St Ankeny, IA 50023-2915
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US25-0092606
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2012
Construction
FRAME
Total area
5,152 SF
Lot
0.13 ac (5,461 SF)
Zoning code
C-2A
APN
181/00210-017-000
UPID
US25-0092606
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
-
Uptown Food & Beverage Co. Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
98 Investments LLC · 10 yrs held
98 Investments LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-2A · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ankeny submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ankeny submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$7,700
Tax year 2020
Assessed value
$281,000
Assessed 2023
Previous assessed
$281,000
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$30,200
Assessed improvement
$250,800
Land market value
$30,200
Improvement market value
$250,800
Total market value
$281,000
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2012
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
1
Stories
2
Total area
5,152 SF
Lot
0.13 ac (5,461 SF)
Zoning code
C-2A
APN
181/00210-017-000
UPID
US25-0092606
Jurisdiction
POLK
Zoning & alternative use
C-2A · Ankeny, IA
Zoning C-2A · permitted uses
C-2A · Ankeny, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ankeny. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
98 Investments LLC
Entity
Mailing address
6750 WESTOWN PKWY STE #200, WEST DES MOINES, IA 50266-7717
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
—
98 Investments LLC
—
Deed
related
$700,000 · Two Rivers Bank And Trust
Mar 9, 2016
$140,000
98 Investments LLC
Grp1031 LLC
Warranty Deed
$648,488 · Community Choice Cu
Mar 5, 2015
$400,000
98 Investments LLC|grp1031 LLC
Bonz-n-brew Bbq LLC
Warranty Deed
$265,000 · Community Choice Cu
Jan 18, 2012
$147,500
Bonz N Brew Bbq LLC
Northwest Bank
Warranty Deed
$510,000 · South Story Bank & Trust
Jan 11, 2011
$120,000
Northwest Bk
Sheriff Of Polk County
Trustees Deed
related
—
May 25, 2005
—
Duncan William E Trust
—
Trustees Deed
related
$100,000 · Gateway Savings Bank
Jun 7, 2004
—
William M Duncan
Duncan William E Trust
Quit Claim Deed
related
—
—
—
Duncan William E Living Trust
—
Deed Of Trust
related
$138,300 · Northwest Bank
—
—
Duncan William E Living Trust
—
Deed Of Trust
related
$138,300 · Northwest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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