Technical
Financial
Distress signals
Property profile

303 School St Ankeny, IA 50023

OFF-MARKET
Retail space
Property ID
US25-0148446
1,456 SF 0.46 ac lot Built 1976
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Construction FRAME
Total area 1,456 SF
Lot 0.46 ac (20,064 SF)
Zoning code C-2
APN 181/00480-000-000
UPID US25-0148446

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
  • Bird Watching Area
  • Grocery & Convenience Store Specialty Food Shop

Location

303 School St Ankeny, IA 50023-3032
Ankeny metro Census 10205 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2019
1 recorded transaction
2019
$1.4M

Zoning & alternative use

C-2 · Ankeny, IA
Zoning description

192.09 C-2 GENERAL RETAIL, HIGHWAY ORIENTED, AND CENTRAL BUSINESS COMMERCIAL DISTRICT. The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well,…

General category COMMERCIAL

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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