110 Ankeny BlvdAnkeny, IA 50023

Property Details for 110 Ankeny Blvd

Year built

2006

Construction

STEEL FRAME

Lot size

3.49 AC

Property size (Sq ft)

36,340 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

181/00554-810-000

APU

18100554810000

Description

This exceptional 1,706-square-foot office suite is situated within a newly remodeled 37,000-square-foot building at 110 N Ankeny Blvd, Ankeny, IA 50023. The property boasts a prime location at the northwest corner of 1st Street and Ankeny Boulevard, a high-traffic area with excellent visibility. Built in 1975 and renovated in 2006, this Class B building offers a modern workspace with 16-foot ceilings. The suite is part of a multi-tenant building with ample parking (6.88 spaces per 1,000 square feet) and prominent signage opportunities along the masonry and glass façade. The property is zoned C2 and features a convenient location in Ankeny's thriving submarket. Property taxes are $3 per square foot. The APN is 181-00554810000. This versatile space is suitable for various office uses, including executive, coworking, medical, and creative office settings. A total of 1,700 square feet is currently vacant within the building. This is a rare opportunity to secure office space in a high-visibility location with convenient amenities. The building's modern design and ample parking make it an attractive option for businesses seeking a professional and accessible workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $9,313,730

  6.5%

  $8,597,289

  7%

  $7,983,198

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,674,080

  Geo Method

  $4,674,080

• Alternative Use

  Use

  Valuation

  Residential

  $7,252,136

  Hospitality

  $6,642,917

  Educational

  $5,526,829

  Medical

  $5,716,905

  Retail

  $8,597,289

Location Insight

City

Ankeny

County

Polk

State

Iowa

Latitude

41.7328

Longitude

-93.6013

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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