You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $535,000
Strip malls

917 1st St Ankeny, IA 50021-2083

5,964 SF 0.73 ac lot Built 1990
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US25-2543533
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction FRAME
Total area 5,964 SF
Lot 0.73 ac (31,842 SF)
Zoning code C-2
APN 181/00681-008-000
UPID US25-2543533
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
  • Absolut Dry Cleaners (Bike/Boat/Book/etc) Store
  • Matthew T. Hiveley, Ph.D. Counselor
  • Dave's Jewelry (Bike/Boat/Book/etc) Store
  • Darrin Eilander American Family Insurance Insurance Agency
  • Edward Jones - Financial Advisor: Brian D Herbel, CFP®|CLU®|AAMS® Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$527k
Blend (final) Blend
$535k
Owner & transaction history
Renze Holdings LLC · 17 yrs held
Renze Holdings LLC
since 2008
3 recorded transactions
2008
$1.7M
2005
Price N/A
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
Commercial (general) $855,000 +45.4%
Retail stores $695,000 +18.3%
Apartment house (5+ units) $675,000 +15.1%
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?”
You own 917 1st St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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