Technical
Financial
Distress signals
Property profile

5800 Delaware Ave Ankeny, IA 50021

OFF-MARKET
Warehouses
Property ID
US25-2534104
350,150 SF 35.34 ac lot Built 2020
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2020
Construction STEEL FRAME
Total area 350,150 SF
Lot 35.34 ac (1,539,339 SF)
APN 181/00226-255-101
UPID US25-2534104

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Warehouse & Storage

Location

5800 Delaware Ave Ankeny, IA 50021-7465
Ankeny metro Census 10500 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$24.29M
Blend (final) Blend
$26.70M

Owner & transaction history

since 2021
Last sale
$27.9M
1 recorded transaction
2021
$27.9M

Zoning & alternative use

Top alternative use upside
Retail stores $40.9M +41.8%
Apartment house (5+ units) $39.7M +37.9%
Neighborhood: shopping center $34.5M +19.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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