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    111 Lynn Ave Ames, IA 50014

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Ames location, 4,000 sq ft available.

    Lot size:
    106,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    University Towers, located at 111 Lynn Ave in Ames, Iowa, 50014, offers a unique opportunity to lease 4,000 square feet of first-floor mixed-use space. This property is part of a larger 106,350 square foot building zoned for multi-residential use within Story County. The space is ideal for executive office use, fitting the "Executive Office" subtype designation. The building itself features a multi-tenant occupancy, providing a vibrant and collaborative environment. The available space is currently vacant and ready for immediate occupancy. This prime Ames location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving community. The property's mixed-use zoning allows for flexibility in tenant operations, catering to a variety of business needs. Interested parties are encouraged to inquire about lease terms and explore the possibilities this exceptional space presents. The address is easily accessible via major roadways and is situated in a well-established area of Ames. This is a rare opportunity to secure high-quality commercial space in a desirable location.

    Property Features for 111 Lynn Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    106,350 SF
    Total Rate
    110781.25

    Unit(s) available at that property

    Space
    Size
    4,000 SF
    Rate per SF
    $12

    HighLights

    • Six months free rent offered as a lease incentive.
    • 4,000 SF of new retail, restaurant, or office space available.
    • Excellent location near Iowa State University's Campustown.
    • High student population (over 36,000 students at ISU).
    • High visibility and traffic counts.
    • Adjacent to Lincoln Way.
    Property Profile Location Intelligence

    Current Use by Public Records

    SMART SERVICES CORPORATION Software Company USPS Mail Drop ... Shipping And Mailing Service

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant 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
    -93.6468786
    Latitude
    42.02204

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ames location, 4,000 sq ft available.
    Where is this office property / space located?
    The property is located at 111 Lynn Ave Ames, IA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Six months free rent offered as a lease incentive.; 4,000 SF of new retail, restaurant, or office space available.; Excellent location near Iowa State University's Campustown.
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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
    111 Lynn Ave Ames, IA 50014
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