Technical
Financial
Distress signals
Property profile

602 3rd St Ankeny, IA 50023

OFF-MARKET
Retail space
Property ID
US25-0044948
2,760 SF 0.07 ac lot Built 2019
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2019
Construction FRAME
Total area 2,760 SF
Lot 0.07 ac (2,970 SF)
Zoning code C-2A
APN 181/00139-000-000
UPID US25-0044948

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
  • Hair Salon Nail Salon

Location

602 3rd St Ankeny, IA 50023-3050
Ankeny metro Census 10205 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2023
Last sale
$502,500
4 recorded transactions
2023
$502,500
2021
Price N/A
2018
$137,500
2009
$65,000

Zoning & alternative use

C-2A · Ankeny, IA
Zoning description

A. All developments in all zoning districts other than the C-2A district shall provide a sufficient number of off-street parking spaces to accommodate the number of vehicles that ordinarily are likely to be attracted to…

General category COMMERCIAL

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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