Ankeny, IA
Commercial Real Estate Market Trends & Data

$791 Avg asking sale price
$2,540 Avg asking lease rate
28,522 SF Avg unit lease size
47,408 SF Avg building size for sale
6.61% Average cap rate

Ankeny's Demographic Profile

Ankeny has 28,944 households and a median income of $94,390, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 74,293
# Households 28,944
Median age 36
Median household income $94,390
Avg household size 3.0
Renter-occupied housing units 8,718
5-year population change +5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Ankeny, IA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Johnston $187 18,308 SF 2.84%
Des Moines $123 33,607 SF 11.80%
Windsor Heights $168 13,915 SF 7.83%
Grimes $245 19,097 SF 7.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Saylorville $190 14,895 SF 6.50%
Johnston $267 12,751 SF 6.50%
Elkhart $177 1,800 SF 7.00%
Bondurant $503 416,091 SF 8.89%
Nearby Retail Markets Avg Cost/SF Typical Size
Ankeny $1,657 2,936 SF
Saylorville $194 4,886 SF
Johnston $223 18,454 SF
Bondurant $560 7,500 SF
Altoona $560 7,500 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Ankeny $440 24,275 SF 7.82%
Saylorville $468 4,636 SF 6.50%
Johnston $108 21,224 SF 9.08%
Des Moines $112 28,851 SF 9.08%
Urbandale $145 5,016 SF 9.08%

Commercial Properties For Sale in Ankeny

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

S & A Office Plaza

Ankeny, IA 50023

  • 4,272 SF Office Building
  • $499,000
For Sale

Campus Town | Lot 6, Plat 2

Ankeny, IA 50023

  • 2.28 AC Lot
  • 1 Commercial Lot
  • $1,390,424
For Sale

3105 SW State St

Ankeny, IA 50023

  • 3.88 AC Lot
  • 1 Commercial Lot
  • $1,020,000
For Sale

Village on State Apartments

Ankeny, IA 50023

  • 25,600 SF Multifamily
  • 7.82% Cap Rate
  • $2,395,000
For Sale

Campus Town | Lot 2, Plat 1

Ankeny, IA 50023

  • 1.63 AC Lot
  • 1 Commercial Lot
  • $994,039
For Sale

Corporate Woods Pointe

Ankeny, IA 50021

  • 1.43 - 2.76 AC Lots
  • 5 Commercial Lots
  • $419,875 - $3,280,754

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Ankeny pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Ankeny $791 47,408 SF
Saylorville $283 12,331 SF
Johnston $180 15,055 SF
Elkhart $102 117,641 SF

Regional Demographic Comparison

This comparison places Ankeny alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Ankeny or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Ankeny 74,293 28,944 36 $94,390 3 8,718 5%
Saylorville 3,897 1,493 42 $90,784 3 185 3%
Alleman 237 92 38 $98,749 3 18 2%
Johnston 24,281 9,378 38 $99,189 3 3,237 3%
Elkhart 1,029 390 39 $102,616 3 44 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Ankeny, IA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Ankeny

View All Commercial Real Estate For Sale in Ankeny
Is Ankeny a good market for a first-time commercial real estate investor?

Ankeny offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Ankeny?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Ankeny. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Ankeny?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Ankeny. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Ankeny compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Ankeny. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Ankeny acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Ankeny, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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