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Financial
Distress signals
Property profile

800 East 1St St Ankeny, IA 50021

FOR LEASE
Medical Office Space
Property ID
US25-0120977
100,751 SF 12.67 ac lot Built 2004
Last sale Oct 2024 · $31,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
800 East 1St St, Ankeny, IA 50021 For Lease
$23.50 SF/Yr 1,529 SF available
800 East 1St St, Ankeny, IA 50021
View Listing

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?
$702k
Tax billed · 2020
Assessed value · 2023$24.70M
Assessed land$4.58M
Assessed improvement$20.12M
Effective rate2.84%

Value estimate

· Oct 2026
$9.70M
$8.73M – $10.66M
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$5k
Operating expenses−$11k
NOI · 72,182.98% cap applied$17k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$151/SF
County average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$77 – $209

Cap rate analysis

How does the asset earn?
72,182.98%
$17k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
C-2
The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.7
Pawn Shop10.1
Convenience Store10.0

Location

800 East 1St St Ankeny, IA 50021
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

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

Comparables

12 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
4 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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