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Property profile & analytics
OFF-MARKET Estimated value $1,950,000
Grocery and convenience stores

3205 Ankeny Blvd Ankeny, IA 50023-4706

23,994 SF 3.64 ac lot Built 2005
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US25-0178691
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2005
Construction STEEL FRAME
Total area 23,994 SF
Lot 3.64 ac (158,558 SF)
Zoning code C-2
APN 181/00306-501-000
UPID US25-0178691
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
  • Fareway Meat and Grocery Grocery & Convenience Store Food Market
  • Wells Fargo ATM Atm
  • Shazam Atm Atm
  • Bellino Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.42M
Blend (final) Blend
$1.95M
Owner & transaction history
FAREWAY STORES INC
FAREWAY STORES INC
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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