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New Flex/Warehouse Building
For Sale
$2,295,000

2542 Bailey Avenue, Ames, IA 50010

Commercial Sale, Ames, IA

Property Size12,800 SF
Lot Size1.36 Acres
Price / SF$38.70
Days on Market825

Property Features for 2542 Bailey Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning GI
Directions From I35 take the 13th Street Ames exit to Dayton Ave. Turn north (right) on Dayton Ave past Colorbiotics. Take 2nd left (west) onto Bailey Ave.
Subdivision 0001 - Ames NE
Standard status Active
APN 05-36-250-010
Size 59,301 SF
Lot size 1.36 Acres

Taxes and HOA fees

Tax Description NORTH DAYTON INDUSTRIAL SD 1ST ADD LOT:7 AMES
Tax Annual Amount 38114
Legal Description NORTH DAYTON INDUSTRIAL SD 1ST ADD LOT:7 AMES

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 2024
Floors in Building 1
Flooring type Concrete
Building materials Combination
Roof type Metal
Listing Agency: Hunziker & Assoc.-Ames
Listed By: Chuck Winkleblack · License #B32796
Added: May 23, 2024 Changed: Aug 19 Last Checked: Aug 25 at 4:06PM
MLS# 64793

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Completed in 2024, this flex property provides 12,800 square feet within a metal-roofed building designed for industrial and warehouse use. The interior features concrete flooring, natural gas heat, public water, and public sewer. A combination of construction materials supports a straightforward commercial configuration.

The building can be separated into five bays, with individual spaces beginning at 2,400 square feet. Access is available from I 35 and HWY 30, providing a direct connection to the regional roadway network. GI zoning and the divisible layout support multiple occupancy configurations, while each bay may be leased or purchased.

Key Highlights

  • 12,800 SF flex/warehouse building completed in 2024
  • Five‑bay configuration with a minimum bay size of 2,400 SF
  • GI zoning supports the property’s industrial commercial classification

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50010, IA

32,552
Population
14,732
Households
2.2
Avg Household Size
30
Median Age
59%
College-Educated
98%
High-School Grad
60.3 sq mi
ZIP Area
540
Density / Sq Mi
$65,701
Median Household Income
$27,672
Median Earnings
$981
Median Rent
$243,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - New construction offers a divisible bay layout for flexible industrial occupancy.
Where is this flex space located?
The property is located at 2542 Bailey Avenue Ames, IA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 12,800 SF flex/warehouse building completed in 2024; Five‑bay configuration with a minimum bay size of 2,400 SF; GI zoning supports the property’s industrial commercial classification
More about this property
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