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Property profile & analytics
OFF-MARKET Estimated value $1,725,000
Strip malls

717 Ankeny Blvd Ankeny, IA 50023-1701

11,370 SF 0.97 ac lot Built 1990
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US25-0149700
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction STEEL FRAME
Total area 11,370 SF
Lot 0.97 ac (42,067 SF)
Zoning code C-2
APN 181/00494-202-000
UPID US25-0149700
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
  • DigitalMint Bitcoin ATM Teller Window Currency Exchange Service Financial Institution
  • EZ Money Check Cashing Loan Service
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.73M
CAP Approach CAP
$2.23M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.73M
Owner & transaction history
Kkr LLC · 2 yrs held
Kkr LLC
since 2024
Last sale
$1.7M
7 recorded transactions
2024
$1.7M
2021
Price N/A
2021
$1.4M
2019
$200,000
2017
Price N/A
2015
$1.3M
1969
Price N/A
Zoning & alternative use
C-2 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name General Retail Highway Oriented And Central Business Commercial
General category COMMERCIAL
Zone area 1,447.00 ac
Top alternative use upside
Restaurant $2.0M +74.6%
Auto repair, garage $1.8M +57.5%
Medical building $1.7M +53.1%
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