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Property profile & analytics
OFF-MARKET Estimated value $875,000
Strip malls

613 Ankeny Blvd Ankeny, IA 50023-3418

32,708 SF 2.97 ac lot Built 1964
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US25-2529295
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1964
Construction FRAME
Total area 32,708 SF
Lot 2.97 ac (129,286 SF)
Zoning code C-2
APN 181/00554-001-002
UPID US25-2529295
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
  • Walls of Books (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$875k
Owner & transaction history
98 Investments LLC · 8 yrs held
98 Investments LLC
since 2018
7 recorded transactions
2022
Price N/A
2018
Price N/A
2015
$134,500
2015
$260,500
2013
$1.8M
2008
$1.3M
1969
Price N/A
Zoning & alternative use
C-2 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

192.09 C-2 GENERAL RETAIL, HIGHWAY ORIENTED, AND CENTRAL BUSINESS COMMERCIAL DISTRICT. The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much of the strip commercial property existing along the major streets and highways of the City. The uses permitted are intended to accommod…

Zone name General Retail Highway Oriented And Central Business Commercial
General category COMMERCIAL
Zone area 1,447.00 ac
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