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    2400 SE 16Th St Ames, IA 50010

    For Sale
    $1,137,000

    Business - Ames, IA

    Type:Business
    Lot size:
    3.07 Acres
    Days on Market:
    294
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 2400 SE 16Th St

    General Information

    Property type
    Land
    Property subtype
    Business
    Standard status
    Active
    APN
    10-18-1000-15
    Lot size
    3.07 Acres

    Building Details

    Architectural style
    Other

    Friedrich Iowa Realty (515) 232-6175 [email protected]

    Listing agent Mike Purcell (515) 232-6175 License #B64484

    Listing date Feb 21, 2025

    MLS# 66591 Listing URL

    Copyright © 2025 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Lot on Highway

    This 3.07-acre commercial lot is positioned off US Highway 30 and just off Interstate 35. Zoned HOC (Highway-Oriented Commercial), the property is suitable for a variety of high-traffic businesses. The location is surrounded by hotels, convenience stores, restaurants, and other commercial establishments. This property offers a high-growth opportunity in a bustling commercial corridor and is ideal for retail, hospitality, or service-based enterprises.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Building Supply Wholesale Shop Department Store Auto Parts Store Gym & Fitness Grocery Store HVAC Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.5805273
    Latitude
    42.0078669

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    FAQs

    What type of property is this?
    Commercial land - 3.07-acre commercial lot with high visibility and accessibility.
    Where is this commercial land located?
    The property is located at 2400 SE 16Th St Ames, IA.
    What is the asking price?
    The asking price for this property is $1,137,000.
    What are key features of this property?
    This property features: - Prime 3.07-acre commercial lot with exceptional visibility and accessibility.; - Strategically positioned off US Highway 30 and just off Interstate 35.; - Zoned HOC (Highway-Oriented Commercial), ideal for high-traffic businesses.
    (515) 232-6175
    Request Owner's contact information
    2400 SE 16Th St Ames, IA 50010
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    Ames, IA 50010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2400 SE 16Th St Ames, IA 50010
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