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Property profile & analytics
OFF-MARKET Estimated value $695,000
Specialty properties

426 Arlan Dr Ankeny, IA 50023-1453

6,400 SF 1.06 ac lot Built 1971
Entity Owned 27-yr Hold Free & Clear
Property ID
US25-0357669
Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1971
Construction FRAME
Total area 6,400 SF
Lot 1.06 ac (46,217 SF)
Zoning code R-3
APN 181/00392-153-000
UPID US25-0357669
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$695k
Owner & transaction history
FAITH BAPTIST BIBLE COLLEGE
FAITH BAPTIST BIBLE COLLEGE
Zoning & alternative use
R-3 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

A. Any uses permitted in the R-3 District, provided that any new residential uses shall be located only in mixed use buildings that also contain, usually on the first floor, other allowable commercial or office uses. (Ord. 2054 - Apr. 21 Supp.) B. Retail businesses or service establishments, such as the following: (1) Antique shops, (2) Apparel shops, (3) Ar…

Zone name Multiple Family Residence
General category RESIDENTIAL
Zone area 2,613.84 ac
Top alternative use upside
Commercial (general) $825,000 +9.9%
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