Technical
Financial
Distress signals
Property profile

401 18th St Ankeny, IA 50023

OFF-MARKET
Medical Office Space
Property ID
US25-0276160
6,336 SF 0.84 ac lot Built 2004
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Construction FRAME
Total area 6,336 SF
Lot 0.84 ac (36,721 SF)
Zoning code C-2
APN 181/00626-803-000
UPID US25-0276160

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

401 18th St Ankeny, IA 50023-4260
Ankeny metro Census 10205 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$557k
Blend (final) Blend
$525k

Owner & transaction history

since 2013
3 recorded transactions
2026
Price N/A
2013
$700,000
2011
Price N/A

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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