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Property profile & analytics
FOR LEASE
Warehouses

4707 SE Rio Ct Ankeny, IA 50021

34,320 SF 2.95 ac lot Built 2020
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US25-1228799
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2020
Construction STEEL FRAME
Total area 34,320 SF
Lot 2.95 ac (128,359 SF)
APN 181/00226-204-021
UPID US25-1228799
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
  • RUCKUS (formerly Gilmore Work Tools, Inc.) Industrial Manufacturer Production Facility
  • Purelight Power Solar Energy Company
  • Adam Stevens Construction LLC Construction Company
  • Redwood Builders Iowa Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$1.33M
Owner & transaction history
Dz Invs LLC · 6 yrs held
Dz Invs LLC
since 2019
2 recorded transactions
2019
Price N/A
2019
$385,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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