Property profile

119 Stanton Ave Ames, IA 50014

OFF-MARKET
Office Spaces
189,196 SF 0.53 ac lot Built 2003
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Property summary

AI-generated overview

This exceptional 1,422 square foot creative office space is ideally situated in Ames, Iowa, just steps from Iowa State University's vibrant campus. Located at 119 Stanton Ave, this property offers a unique blend of open and collaborative work environments. The main level features an open office layout, complemented by an additional open mezzanine area, providing ample space for various team configurations and individual workspaces. The building itself is a Class B, eight-story structure totaling 189,196 square feet, constructed in 2003, and situated on a 0.53-acre lot. Convenience is paramount with three dedicated parking spaces included in a covered garage. The building is served by two elevators and benefits from utilities provided by Alliant Energy (natural gas) and the City of Ames (electricity). The property is zoned CSC and has a Story County APN of 09-09-127-670. This prime location in the Campustown submarket offers unparalleled access to the university and its surrounding amenities. The building's multiple tenancy structure ensures a diverse and dynamic work environment. This is a rare opportunity to secure a well-appointed office space in a thriving and sought-after location. The property is currently listed with available square footage of 1,422 square feet. Property taxes are $0.

Property profile

Verified
Property type Office Spaces
Year built 2003
Total area 189,196 SF
Lot 0.53 ac (23,087 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Post Office
  • Corporate Office
  • Corporate Office
  • Apartment Building Business Center
  • Cafe & Coffee Shop

Location

119 Stanton Ave Ames, IA 50014
Ames metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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