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    Property profile & analytics

    4707 Rio Ct Ankeny, IA 50021

    • Warehouses
    • 34,320 SF
    • 2.95 lot acres
    For Lease
    View listing
    $8 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US25-1228799
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • RUCKUS (formerly Gilmore Work Tools, Inc.) / Manufacturer
    • Purelight Power / Solar Energy Company
    • Adam Stevens Construction LLC / Construction Company
    • Redwood Builders Iowa / Home Builder

    Property Details for 4707 Rio Ct

    Year built
    2020
    Construction
    STEEL FRAME
    Lot size
    2.95 lot acres
    Property size
    34,320 SF
    Property type
    Warehouses
    APN
    181/00226-204-021
    APU
    18100226204021

    Description

    This Ankeny, IA property offers 34,500 square feet of Class B industrial space, perfect for distribution or warehousing needs. Currently, two suites are available, totaling 13,800 square feet, with the possibility of leasing them separately (3,450 sq ft and 10,350 sq ft) or combining them for a larger contiguous space. Suite 105 boasts two 9'x9' dock doors, one 14'x14' drive-in door, high-bay LED lighting, and a bathroom. Suite 103/104 includes approximately 900-1,000 square feet of office/showroom space, two 12'x14' drive-in doors, a bathroom, high-bay LED lighting, and a mezzanine. The building features a total of four suites, 18-21 foot ceilings, four loading docks, ten drive-ins, and 56 parking spaces. The property sits on a 2.9-acre lot, zoned M-1, and offers convenient access to Interstate highways. The building is equipped with 1000 amp, 120/208 three-phase power. The existing tenant offers flexibility on move-out dates, allowing for various occupancy start dates. This single-story, 2020-built facility provides a modern and efficient workspace in the Des Moines submarket, with a minimum divisible space of 3,450 square feet and a maximum contiguous space of 13,800 square feet. The property is located at 4707 SE Rio Ct., Ankeny, IA 50021.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.5871
    Latitude
    41.691
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $94,944
    $405,000
    $2,535,000
    $2,940,000
    -
    $405,000
    $2,535,000
    $2,940,000

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    Ankeny, IA 50021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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