D.R.A. Properties, L.C.





D.R.A. Properties is an Ankeny, Iowa-based real estate development company founded by Dennis Albaugh. Mr. Albaugh is also CEO and owner of Albaugh, LLC. a global agricultural chemical company recognized as the largest wholly-owned formulator and packager of crop protection products in the industry. He was recognized in September 2013 as one of the Top 100 CEO Leaders in STEM by STEMconnector.

Mr. Albaugh decided to venture into real estate to have a positive impact on his hometown of Ankeny, Iowa.

“Ankeny has always been my hometown—I grew up here, I raised my family here, and now my daughters are raising their families in Ankeny. My goal in real estate development has always been to create a lifestyle that all of Ankeny can enjoy and be proud of.”

In 1992, DRA took on its first residential real estate project, Country Club Court located in Ankeny and is proud of the community that the development has become today. Since that time, DRA has developed several other properties in Ankeny, Iowa including:

• Fountain View
• Greenview Crossing
• Briar Creek
• Albaugh Industrial Park
• Northpointe Office Park
• Renaissance Villas
• Otter Creek

In 2005, D.R.A. Properties, L.C. was selected as the developer for Prairie Trail in Ankeny, Iowa. Prairie Trail was the first community in the state of Iowa to embrace the concept of New Urbanism development. At just over 1,000 acres, Prairie Trail is one of the largest new urbanism communities in the Midwest. Learn more here:

D.R.A. Properties, L.C.
1515 NE 36th Street in Ankeny, Iowa, 50021.

Contact: Ashley Johnson, Marketing Director at or 515.965-5273