1690 Delaware AveAnkeny, IA 50021

Property Details for 1690 Delaware Ave

Year built

2008

Construction

STEEL FRAME

Lot size

3.13 AC

Property size (Sq ft)

16,598 SF

Zone code

C-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

181/00161-001-017

APU

18100161001017

Description

This exceptional retail opportunity is located at 1690 SE Delaware Ave in Ankeny, Iowa, within the Delaware Square complex. The property boasts a total of 16,598 square feet across a single, one-story building constructed in 2008. Currently, 1,227 square feet of retail space is available for lease, ideal for a variety of businesses. The property sits on a generous 3.14-acre lot and offers ample parking with 120 spaces available for customers and employees. The building is zoned C-2, allowing for a range of commercial uses. The property's location in the IA - Ankeny submarket of Polk County provides excellent access to a thriving community. The property features no elevators. The parcel number is 181-00161001017. This is a multi-tenant building offering a strong opportunity for a business seeking a visible and accessible location in a growing area. The address is easily accessible and benefits from high visibility. This space presents a unique chance to establish or expand a business in a desirable Ankeny location. The zip code is 50021.

• CAP approach

  CAP return

  Valuation

  6%

  $4,254,068

  6.5%

  $3,926,832

  7%

  $3,646,344

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,134,848

  Geo Method

  $2,134,848

• Alternative Use

  Use

  Valuation

  Residential

  $3,312,430

  Hospitality

  $3,034,168

  Educational

  $2,524,392

  Medical

  $2,611,210

  Retail

  $3,926,832

Location Insight

City

Ankeny

County

Polk

State

Iowa

Latitude

41.7134

Longitude

-93.5822

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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