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Property profile & analytics
OFF-MARKET Estimated value $5,955,000
Grocery and convenience stores

410 Ankeny Blvd Ankeny, IA 50023-1753

79,705 SF 7.72 ac lot Built 2004
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US25-2551311
Property summary
AI-generated overview

This exceptional 2,400 square foot commercial property, located at 410 S. Ankeny Blvd in Ankeny, Iowa, presents a unique leasing opportunity. The property is classified as a Class B building and features a single-tenant occupancy within a two-building complex. The space is entirely vacant and ready for immediate occupancy, offering flexibility for a variety of businesses. The property type is designated as both Retail and Office, with a subtype specifically identifying it as suitable for Executive Office or Restaurant use. The zoning is Commercial, allowing for a range of potential uses within the permitted guidelines. Located in Polk County, Iowa, with a zip code of 50023, this property boasts abundant parking, a significant advantage for employees and clients. The building's total square footage is 2,400 square feet, all of which is currently available for lease. This presents a rare opportunity to secure a substantial, well-located space in a thriving Ankeny commercial district. The property's convenient location and ample parking make it an attractive option for businesses seeking a high-visibility presence in a desirable area. Interested parties are encouraged to inquire further to explore the possibilities this property offers.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2004
Construction STEEL FRAME
Total area 79,705 SF
Lot 7.72 ac (336,283 SF)
Zoning code R-2
APN 181/00303-502-004
UPID US25-2551311
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
  • Hy-Vee Market Grille Bar & Pub Restaurant
  • Hy-Vee Catering Take-out & Catering Catering Service
  • Sean Giese Pharmacy
  • Joshua Parado Pharmacy
  • Bianca’s Grill & Vineyard Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.57M
Blend (final) Blend
$5.96M
Owner & transaction history
Hurd Nevada LLC · 10 yrs held
Hurd Nevada LLC
since 2016
5 recorded transactions
2016
$9.4M
2006
Price N/A
2006
$10.1M
2006
$9.0M
1969
Price N/A
Zoning & alternative use
R-2 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ER 191 ZONING ORDINANCE GENERAL REGULATIONS CHAPTER 192 ZONING ORDINANCE DISTRICT REGULATIONS 192.01 DISTRICT ESTABLISHMENT AND ZONING MAP. 192.02 SITE PLAN REQUIREMENTS. 192.03 R-1 ONE-FAMILY RESIDENCE DISTRICT. 192.04 R-2 ONE-FAMILY AND TWO-FAMILY RESIDENCE DISTRICT. 192.05 R-3 MULTIPLE-FAMILY RESIDENCE DISTRICT. 192.06 R-3A PLANNED MULTIPLE-FAMILY RESIDEN…

Zone name One Family And Two Family Residence
General category RESIDENTIAL
Zone area 2,956.17 ac
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