Financial
Distress signals
Property profile

3602 Otterview Cir Ankeny, IA 50021

OFF-MARKET
Strip malls
Property ID
US25-0468703
5,744 SF 1.04 ac lot Built 2013
Last sale Jun 2014 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2,000 square foot office space is available for sublease until April 30, 2025, located at 3602 NE Otter View Circle in Ankeny, Iowa. The property boasts a prime location with high visibility and traffic near I-35, Exit 96. The single-story building, constructed in 2014, offers a total of 5,798 square feet across three suites, situated on a 1.04-acre lot. This particular suite features three private offices, a conference room, and a breakroom. Office furniture is available

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$35k
Tax billed · 2020
Assessed value · 2023$1.31M
Assessed land$462k
Assessed improvement$848k
Effective rate2.64%

Value estimate

· Sep 2026
$580k
$522k – $638k
Sales comparison$705k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.1
Restaurant17.9
Dental Office17.2

Location

3602 Otterview Cir Ankeny, IA 50021-7773
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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