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Property profile & analytics
OFF-MARKET Estimated value $330,000
Specialty properties

701 Ordnance Rd Ankeny, IA 50023-2923

5,500 SF 0.79 ac lot Built 1990
Entity Owned 9-yr Hold Free & Clear
Property ID
US25-0244595
Property profile
Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1990
Construction FRAME
Total area 5,500 SF
Lot 0.79 ac (34,282 SF)
Zoning code M-1
APN 181/00522-005-502
UPID US25-0244595
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
  • Heart of Ankeny Animal Hospital Veterinary Clinic
  • Sather Investments Llc Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k
Owner & transaction history
Munger Ents LLC · 9 yrs held
Munger Ents LLC
since 2016
6 recorded transactions
2016
Price N/A
2016
Price N/A
2013
$275,000
2011
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-1 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

192.12 M-1 LIGHT INDUSTRIAL DISTRICT. The M-1 District is intended and designed to provide areas of the City suitable for activities and uses of a light industrial nature. Such districts do not require the high standards of M-3 Districts but still require protection from the less restrictive uses permitted in the M-2 District. It is not intended that any new…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 1,792.10 ac
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