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Property profile & analytics
OFF-MARKET
Strip malls

305 Oralabor Rd Ankeny, IA 50021-7219

7,500 SF 0.98 ac lot Built 2001
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0169835
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Construction FRAME
Total area 7,500 SF
Lot 0.98 ac (42,510 SF)
Zoning code C-2
APN 181/00797-501-000
UPID US25-0169835
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
  • The Funky Zebras Boutique Ankeny Clothing & Fashion Store
  • Hull Aerial Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
  • Vesta Salon & Spa Hair Salon Nail Salon
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
Vesta Plaza INC
Vesta Plaza INC
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-2 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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, much of the strip commercial property existing along the major streets and highways of the City. The uses permitted are intended to accommod…

Zone name General Retail Highway Oriented And Central Business Commercial
General category COMMERCIAL
Zone area 1,447.00 ac
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