701 Ankeny Blvd Ankeny, IA 50023-1701
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 suite is part of a multi-tenant building, providing a collaborative and professional environment. The property is situated in the IA - Ankeny submarket of Polk County, Iowa, offering convenient access to local amenities and transportation routes. The available space presents a cost-effective solution for businesses seeking a well-located and functional office space. This is a rare opportunity to secure a space in a well-established building with ample parking in a thriving Ankeny location. The property is currently available for lease.
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Pizza Hut Take-out & Catering
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Ankeny, IA192.09 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 accommodate both the general retail consumer and the needs and services of the automobile-traveling consumer. 1. Principal Permitted Uses. Only the following uses of structures or land shall be permitted in the C-2 District: A. Any use permitted in the C-1 District. B. Retail, service or recreational uses, such as the following: (1) Animal hospitals, veterinary clinics or kennels, provided that any exercising runway is at least 200 feet from any R District boundary. (2) Automobile accessory stores. (3) Automobile, trailer, motorcycle, boat and farm implement establishments for display, hire, rental and sales (including sales lots); including, as incidental to these major uses, all repair work in connection with their own or customers’ vehicles, but not including uses in which the major source of revenue is from body and fender work. In addition, this paragraph shall not be construed to include automobile, tractor or machinery wrecking and rebuilding, and used parts yards. (4) Ballrooms and dancehalls. (5) Billiard parlors and pool halls. (6) Bookbinding. (7) Bowling alleys. (8) Business or secretarial schools or colleges, commercial trade schools, or other commercially operated schools for adults. (9) Carpenter and cabinet-making shops for retail custom work. (10) Commercial baseball fields, swimming pools, skating rinks, golf driving ranges, miniature golf courses, trampoline centers and similar recreational uses and facilities. (11) Department stores. (12) Drive-in restaurants. (13) Exterminator sales. (14) Drive-in theaters. (15) Printing and publishing houses. (16) Hotels, with no minimum density requirements. (17) Transportation passenger terminals, including bus stations, railroad passenger stations or other passenger terminals. (18) Laundries. (19) Labor union offices, including assembly halls. (20) Lawn mower repair shops. (21) Lumberyards, retail only. (22) Monument sales yards. (23) Motels, motor hotels, and tourist courts with no minimum density requirements. (24) Office buildings. (25) Packaged-goods stores for the sale of alcoholic beverages. (26) Pet shops, including aquariums. (27) Photographic printing or developing establishments. (28) Plumbing and heating shops.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
