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Property profile & analytics
OFF-MARKET Estimated value $555,000
Strip malls

909 Oralabor Rd Ankeny, IA 50021-4038

5,440 SF 0.95 ac lot Built 2012
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-0158743
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2012
Construction FRAME
Total area 5,440 SF
Lot 0.95 ac (41,556 SF)
Zoning code C-2
APN 181/00809-526-004
UPID US25-0158743
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
  • Rhonda Syata Pediatrician Medical Clinic
  • We Fix It Phone Repair Computer & Electronic Repair Tech Support Center
  • Megan Kavanaugh, DO Pediatrician Medical Clinic
  • Thighstop Restaurant
  • Ankeny Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$630k
Blend (final) Blend
$555k
Owner & transaction history
Np Holdings LLC
Np Holdings LLC
since 2025
4 recorded transactions
2025
Price N/A
2025
Price N/A
2019
Price N/A
2006
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
Auto repair, garage $845,000 +57.5%
Medical building $820,000 +53.1%
Commercial (general) $780,000 +45.4%
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