1975 Ankeny BlvdAnkeny, IA 50023

Property Details for 1975 Ankeny Blvd

Year built

2006

Construction

STEEL FRAME

Lot size

4.50 AC

Property size (Sq ft)

23,343 SF

Zone code

C-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

181/00553-070-212

APU

18100553070212

Description

Georgetown Plaza, located at 1975 N Ankeny Blvd in Ankeny, Iowa, offers prime retail space for lease. This multi-tenant property boasts a total of 23,491 square feet situated on a generous 4.5-acre lot in Polk County. Currently, there are 5,148 square feet of vacant space available, divisible into units ranging from a minimum of 2,048 square feet to a maximum contiguous space of 3,100 square feet. The property features ample on-site parking for the convenience of tenants and their customers. The property's location in Ankeny, IA, zip code 50023, provides excellent visibility and accessibility. This is an exceptional opportunity for businesses seeking a well-maintained retail space in a thriving community. The property is classified as Commercial Retail and is ideal for a variety of retail uses. Interested parties should inquire about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $5,982,628

  6.5%

  $5,522,426

  7%

  $5,127,967

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,002,395

  Geo Method

  $3,002,395

• Alternative Use

  Use

  Valuation

  Residential

  $4,658,373

  Hospitality

  $4,267,044

  Educational

  $3,550,131

  Medical

  $3,672,226

  Retail

  $5,522,426

Location Insight

City

Ankeny

County

Polk

State

Iowa

Latitude

41.7475

Longitude

-93.5986

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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