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Property profile & analytics
FOR SALE
Warehouses
SE Corporate Woods Dr Ankeny, IA 50021
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-2272742
For Sale
1 / 3
$21,215,000
SE Corporate Woods Dr, Ankeny, IA 50021
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Construction
STEEL FRAME
Total area
200,860 SF
Lot
11.25 ac (490,170 SF)
APN
181/00229-017-552
UPID
US25-2272742
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
-
Tredit Tire & Wheel Warehouse & Storage
-
PODS Moving & Storage Moving Company Storage Facility
-
Quanex Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.39M
Blend (final)
Blend
$21.22M
Owner & transaction history
Stag Industrial Holdings LLC · 4 yrs held
Stag Industrial Holdings LLC
since 2021
Last sale
$22.8M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$34.6M
+109.3%
Auto repair, garage
$31.2M
+88.8%
Medical building
$30.3M
+83.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ankeny submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ankeny submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$21,880,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,520,000
Current use
RESTAURANT
$34,580,000
Change: +109% · Conversion: Difficult
AUTO REPAIR, GARAGE
$31,200,000
Change: +89% · Conversion: Easy
MEDICAL BUILDING
$30,320,000
Change: +84% · Conversion: Difficult
COMMERCIAL (GENERAL)
$28,790,000
Change: +74% · Conversion: Difficult
RETAIL STORES
$23,430,000
Change: +42% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$22,785,000
Change: +38% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$19,805,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$21.22M
Range $19.09M – $23.34M · ±10% · vs last sale $22.80M (Dec 15 2021)
Last sale anchor
$22.80M
Dec 15 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$400,230
Tax year 2023
Assessed value
$20,400,000
Assessed 2024
Previous assessed
$20,400,000
+0.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$1,740,000
Assessed improvement
$18,660,000
Land market value
$1,740,000
Improvement market value
$18,660,000
Total market value
$20,400,000
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Total area
200,860 SF
Lot
11.25 ac (490,170 SF)
APN
181/00229-017-552
UPID
US25-2272742
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$16.5M
RESTAURANT
Est. value
$34.6M
AUTO REPAIR, GARAGE
Est. value
$31.2M
MEDICAL BUILDING
Est. value
$30.3M
COMMERCIAL (GENERAL)
Est. value
$28.8M
RETAIL STORES
Est. value
$23.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$22.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.8M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Lot
11.25 ac
Current owner
From public records · entity-resolved
Stag Industrial Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1 FEDERAL ST FL #23, BOSTON, MA 02110-2012
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
$22,800,000
Stag Industrial Holdings LLC
Opus Development Company LLC
Special Warranty Deed
—
Mar 30, 2020
—
Opus Dev Co LLC
—
Deed
related
$9,350,000 · Bankers Tr
—
—
Opus Dev Co LLC
—
Deed Of Trust
related
$9,350,000 · Bankers Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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