Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

7040 NE 14Th St Ankeny, IA 50023

FOR SALE
Other investment properties
Property ID
US25-0354662
13,800 SF 1.44 ac lot Built 2019
Last sale Apr 2016 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address.
Saved · see the list in your Dashboard
Market Trends Soon
7040 NE 14Th St, Ankeny, IA 50023 For Sale
Contact for pricing 13,800 SF
7040 NE 14Th St, Ankeny, IA 50023
View Listing

Property summary

AI-generated overview

A mixed-use development built in 2019 on a 1.437-acre lot providing 20,400 square feet of total space. The property is arranged to include retail, office, apartment, and flex components: the street level contains three retail or office spaces, the second level has six apartments, and the site includes two separate flex buildings, each with approximately 3,300 square feet. The development is located between Des Moines and Ankeny with access to NE 14th Street and 70th Avenue.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$5k
Tax billed · 2020
Assessed value · 2023$1.05M
Assessed land$100k
Assessed improvement$950k
Effective rate0.46%

Value estimate

· Oct 2026
$335k
$302k – $369k
Submarket $/SF estimate$1.16M
NOI build-up
Gross scheduled income$114k
Vacancy & credit loss−$14k
Operating expenses−$38k
NOI · 1.84% cap applied$63k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$84 – $204
Qualifying comparables11

Cap rate analysis

How does the asset earn?
1.84%
$63k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Restaurant15.5
Pharmacy12.0

Location

7040 NE 14Th St Ankeny, IA 50023
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales Zoning catalog · not on file

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

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1513 Ankeny, Ankeny, IA 50023-4167 $835,000 Dec 2025 15,115 SF
2405 Ankeny, Ankeny, IA 50023-4711 $415,000 May 2022 11,264 SF
1605 Ankeny, Ankeny, IA 50023-4163 $1,300,000 Dec 2021 15,200 SF
1255 Ankeny, Ankeny, IA 50023-4008 $2,300,000 Nov 2021 13,334 SF
210 Ankeny, Ankeny, IA 50023-3117 $900,000 Mar 2021 10,210 SF
1201 State, Ankeny, IA 50023-2671 $2,875,000 Dec 2020 17,487 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again