Listing Agency: CBRE - Des Moines Show Phone

Listed By: Blake Bogenrief · License #IA S67535000

Source: Crexi

Added: May 23 Changed: Jul 10 Last Checked: Aug 3 at 12:58PM

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Investment Insights

Based on property information with market context.

Located in the heart of Iowa State University’s Campustown, 218 Welch Ave presents a redevelopment opportunity. The property is situated one block south of ISU’s main campus. The site spans approximately 0.65 acres and is currently zoned for commercial use.

Key Highlights

• Prime redevelopment opportunity in a high‑traffic location
• Located in the heart of Iowa State University's Campustown
• Zoned for commercial use

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Auto Parts Store Auto Repair Shop Hair Salon Nail Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

958

Businesses Nearby

Explore this area Business Placement

Demographics for 50014, IA

31,587

Population

14,860

Households

2.1

Avg Household Size

26

Median Age

69%

College-Educated

98%

High-School Grad

54.2 sq mi

ZIP Area

583

Density / Sq Mi

$57,372

Median Household Income

$20,952

Median Earnings

$1,083

Median Rent

$312,700

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land for redevelopment near Iowa State University campus.

Where is this commercial land located?

The property is located at 218 Welch Avenue Ames, IA.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: Prime redevelopment opportunity in a high‑traffic location; Located in the heart of Iowa State University's Campustown; Zoned for commercial use