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    Property profile & analytics

    505 Ankeny Blvd Ankeny, IA 50023-1712

    • Strip malls
    • 53,490 SF
    • 5.24 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0171384
    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

    • Dollar Tree / Home Goods Store / Kitchen Supply Store

    Property Details for 505 Ankeny Blvd

    Year built
    1977
    Construction
    STEEL FRAME
    Lot size
    5.24 lot acres
    Property size
    53,490 SF
    Zone code
    C-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    181/00392-501-001
    APU
    18100392501001

    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
    -93.5994
    Latitude
    41.7363
    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
    2020
    $141,206
    $2,420,000
    $2,630,000
    $5,050,000
    -
    $2,420,000
    $2,630,000
    $5,050,000

    Comparable in this City

    • Value Estimation by Request
      6,784 SF

      1850 Plz Shops Ln

      SHOPPING CENTER, STRIP CENTER • 6,784 SF
      1850 Plz Shops Ln, Ankeny, IA 50023-7167
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    • Value Estimation by Request
      23,343 SF

      1975 Ankeny Blvd

      SHOPPING CENTER, STRIP CENTER • 23,343 SF
      1975 Ankeny Blvd, Ankeny, IA 50023-4707
      View Details
    • Value Estimation by Request
      32,708 SF

      613 Ankeny Blvd

      SHOPPING CENTER, STRIP CENTER • 32,708 SF
      613 Ankeny Blvd, Ankeny, IA 50023-3418
      View Details
    • Value Estimation by Request
      5,652 SF

      1370 18th St Ste, Unit 101

      SHOPPING CENTER, STRIP CENTER • 5,652 SF
      1370 18th St Ste, Ankeny, IA 50023-9243
      View Details
    • Value Estimation
      $1,730,000
      11,370 SF

      717 Ankeny Blvd

      SHOPPING CENTER, STRIP CENTER • 11,370 SF
      717 Ankeny Blvd, Ankeny, IA 50023-1701
      View Details
    • Value Estimation by Request
      15,792 SF

      2005 Ankeny Blvd

      SHOPPING CENTER, STRIP CENTER • 15,792 SF
      2005 Ankeny Blvd, Ankeny, IA 50023-5427
      View Details

    Similar Nearby for Sale

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      Ankeny Restaurant with Drive-Thru

      Fully equipped restaurant with drive-thru in Ankeny, Iowa.
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    Similar Nearby for Lease

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      610 SF

      Retail Space in Ankeny Center

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      1,706 SF Office Suite Available in Ankeny, IA
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    • $15 SF/Yr
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      Retail Space Available For Lease

      Retail space available for lease in Ankeny, Iowa.
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    • $16 SF/Yr
      2,000 SF

      Retail Space with Outdoor Patio

      2,000 SF retail space with grease interceptor access.
      1802 N Ankeny Blvd, Ankeny, IA 50023
      View Details

    Property Visit Statistics

    • Visits by month
      27.0k
    • Visitors by month
      22.4k
    • Avg Time on site
      20 min
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    Ankeny, IA 50023-1712
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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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