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Property profile & analytics
OFF-MARKET Estimated value $1,455,000
Warehouses

705 Dalbey Dr Ankeny, IA 50021-3907

11,840 SF 3.35 ac lot Built 2004
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0433641
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2004
Construction STEEL FRAME
Total area 11,840 SF
Lot 3.35 ac (146,100 SF)
Zoning code M-1
APN 181/00424-971-105
UPID US25-0433641
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
  • Ankeny Mini Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.52M
CAP Approach CAP
$1.41M
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.46M
Owner & transaction history
Ankeny Ss LLC · 3 yrs held
Ankeny Ss LLC
since 2022
Last sale
$2.0M
7 recorded transactions
2022
$2.0M
2021
Price N/A
2017
Price N/A
2013
Price N/A
2012
$1.4M
2008
Price N/A
2004
$160,000
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
Top alternative use upside
Restaurant $2.0M +109.3%
Auto repair, garage $1.8M +88.8%
Medical building $1.8M +83.5%
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