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    431 Whitney Ave Ames, IA 50010

    Sponsored
    For Sale
    $750,000

    Versatile industrial space, excellent access.

    Property size:
    5,856 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 5,856 square foot commercial property, situated on a 0.51-acre lot at 431 Whitney Avenue in Ames, Iowa, presents a unique investment opportunity. Its convenient location offers easy interstate access, making it highly desirable for businesses needing efficient transportation links. The property boasts flexible general industrial zoning, catering to a wide range of commercial uses, from single-owner occupancy to multi-tenant investments. The existing buildings are all climate-controlled, with the south building featuring heating. The property includes functional office space, perfect for administrative needs or client interaction. This space comprises a showroom, three private offices, and two bathrooms, providing ample room for various business operations. For businesses requiring additional storage, an adjacent 3,000 square foot storage space is available for separate purchase. Furthermore, alternative ownership options, including lease or lease-to-own arrangements, are available to suit diverse business requirements. This property is priced at $750,000 and represents a compelling opportunity for growth and expansion in a thriving location.

    Property Features for 431 Whitney Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,856 SF
    Lot Size
    22,216 SF

    Building Details

    Year Built
    1963
    Property Profile Location Intelligence

    Current Use by Public Records

    Rathert Radon Services Environmental Health Service Cyclone Contracting Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Clothing Store Hotel & Motel Building Supply Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.58521
    Latitude
    42.02679

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile industrial space, excellent access.
    Where is this commercial real estate located?
    The property is located at 431 Whitney Ave Ames, IA.
    What is the asking price?
    The asking price for this property is $750,000.
    (515) 232-4663
    Request Owner's contact information
    431 Whitney Ave 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
    431 Whitney Ave Ames, IA 50010
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