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Property profile & analytics
OFF-MARKET Estimated value $3,360,000
Automotive properties

3055 Delaware Ave Ankeny, IA 50021-9826

59,938 SF 11.19 ac lot Built 2002
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US25-0330600
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2002
Construction STEEL FRAME
Total area 59,938 SF
Lot 11.19 ac (487,436 SF)
Zoning code C-2
APN 181/00229-908-001
UPID US25-0330600
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
  • Service Department at Dewey Ford Auto Repair Shop Vehicle Inspection Center
  • Parts Department at Dewey Ford Auto Parts Store
  • Dewey Ford Parts Auto Parts Store
  • Dalton Timmons Dewey Ford Car Dealership
  • Quick Lane at Dewey Ford Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.83M
Blend (final) Blend
$3.36M
Owner & transaction history
Garff Properties Des Moines LLC · 8 yrs held
Garff Properties Des Moines LLC
since 2017
2 recorded transactions
2017
$10.5M
2004
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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