215 18Th StAnkeny, IA 50023

Property Details for 215 18Th St

Year built

2016

Construction

FRAME

Lot size

0.87 AC

Property size (Sq ft)

10,080 SF

Property type

Investment properties

Property subtype

Live-work space

APN

181/14450-202-000

APU

18114450202000

Description

This Ankeny, Iowa property, located at 215 NW 18th St, zip code 50023, offers 5,009 square feet of immediately available office space within the Northview Office Park I. The single-story, 10,080 square foot building, constructed in 2016, is classified as Class B and sits on a 0.87-acre lot. The property is zoned C-2 and features multiple suites ranging from a minimum of 1,250 square feet to a maximum contiguous space of 2,509 square feet. Each suite boasts a "vanilla box" finish and abundant natural light from fully windowed perimeters. The building's strategic location offers easy access to the Northview I and II retail centers, Prairie Ridge Sports Complex, YMCA, and area middle and high schools. This prime location is situated in Ankeny's fastest-growing area, providing excellent visibility and accessibility for businesses. The property's APN is 181-14450202000. This is a fantastic opportunity for businesses seeking modern, flexible office space in a thriving community. The property is suitable for traditional office and medical office uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,757,432

  6.5%

  $1,622,244

  7%

  $1,506,370

• Comparable approach

  Method

  Valuation

  Relative Method

  $514,483

  Geo Method

  $514,483

• Alternative Use

  Use

  Valuation

  Residential

  $2,011,583

  Hospitality

  $1,842,599

  Educational

  $1,533,021

  Medical

  $1,585,744

  Retail

  $2,384,699

Location Insight

City

Ankeny

County

Polk

State

Iowa

Latitude

41.7451

Longitude

-93.6019

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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