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    803 E Lincoln Way Ames, IA 50010

    For Lease
    $1,500,500

    Business - Ames, IA

    Type:Business
    Property size:
    67,108 SF
    Lot size:
    1.54 Acres
    Days on Market:
    181
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 803 E Lincoln Way

    General Information

    Property type
    Commercial Lease
    Property subtype
    Business
    Standard status
    Active
    Zoning
    GI
    Interior features
    Loading Dock
    Size
    67,108 SF
    Lot size
    1.54 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1981
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Concrete
    Building materials
    Concrete, Frame
    Roof type
    Flat, Metal, Rubber
    Architectural style
    Other

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

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

    Listing date Jun 17, 2025

    MLS# 67774 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

    Ames Commercial Buildings For Sale

    Two commercial buildings, totaling 13,080 square feet, are available for sale. The property is located on E Lincoln Way in Ames, Iowa, with access to Highway 30 and Interstate 35. Each building includes multiple overhead doors. The east building features a loading ramp. The buildings are currently leased. The property also includes covered gas pumps, which are under a separate lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HerbalCom Herb Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.602588
    Latitude
    42.022844

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    FAQs

    What type of property is this?
    Industrial property - Two commercial buildings totaling 13,080 SF with highway access.
    Where is this industrial property located?
    The property is located at 803 E Lincoln Way Ames, IA.
    What are key features of this property?
    This property features: - Two commercial buildings totaling 13,080 sq ft with highway access; - Currently leased, providing immediate income; - Multiple overhead doors in each building
    (515) 232-6175
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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
    803 E Lincoln Way Ames, IA 50010
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