Financial
Distress signals
Property profile

701 Ankeny Blvd Ankeny, IA 50023

OFF-MARKET
Strip malls
Property ID
US25-0252468
21,760 SF 1.93 ac lot Built 1989
Last sale Feb 2005 · $1,701,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Northside Plaza, located at 701-721 N Ankeny Blvd in Ankeny, IA 50023, offers a prime opportunity to lease a 900 square foot executive office suite within a larger retail and office complex. This single-story, Class C building, constructed in 1989, boasts a total of 21,760 square feet and sits on a 1.93-acre lot. The property is zoned C-2, allowing for a variety of commercial uses. The building features abundant parking, a significant advantage for employees and clients. This particular

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$70k
Tax billed · 2020
Assessed value · 2023$2.27M
Assessed land$976k
Assessed improvement$1.29M
Effective rate3.08%

Value estimate

· Sep 2026
$725k
$653k – $798k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply35.1
Law Firm29.3
Auto Repair Shop26.1

Location

701 Ankeny Blvd Ankeny, IA 50023-1701
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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