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    320 2Nd St Ames, IA 50010

    Sponsored
    For Sale
    $419,000

    Prime Ames location, build your business.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional commercial land parcel, priced at $419,000, presents a unique investment opportunity in the thriving Kingsbury Subdivision of Ames, Iowa. Located at 320 SE 2nd St, Ames, IA 50010 (APN 09-11-205-065), this property boasts a highly desirable location, situated near a concentration of established businesses. The immediate vicinity includes major retailers such as Target, Chick-fil-A, McDonald's, and Panera Bread, ensuring high visibility and convenient access for potential customers. This strategic positioning within a bustling commercial area offers significant advantages for a wide range of business ventures. The property is zoned HOC, providing flexibility for various commercial developments. This is one of three available lots in this prime location, offering a rare chance to establish a presence in a high-traffic area with strong existing infrastructure and a proven track record of commercial success. The property's location in Story County, Iowa, provides access to a robust local economy and a strong community base. This is an ideal opportunity for developers and investors seeking a high-potential commercial land investment in a thriving Iowa market. Don't miss this chance to secure a prime location for your next business venture.

    Property Features for 320 2Nd St

    General Information

    Property type
    Land

    HighLights

    • $419,000 asking price.
    • Commercial land in Ames, IA.
    • HOC zoning.
    • APN 09‑11‑205‑065.
    • Located at 320 SE 2nd St, Ames, IA 50010.
    • Prime location near major retailers like Target, Chick‑fil‑A, McDonald's, and Panera Bread.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -93.606519758679
    Latitude
    42.021568716653

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    FAQs

    What type of property is this?
    Land - Prime Ames location, build your business.
    Where is this land located?
    The property is located at 320 2Nd St Ames, IA.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: $419,000 asking price.; Commercial land in Ames, IA.; HOC zoning.
    (515) 290-7007
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    320 2Nd St Ames, IA 50010
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    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
    320 2Nd St Ames, IA 50010
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