2400-2500 16Th St Ames, IA 50010
This exceptional 3.07-acre commercial development site is ideally situated in Ames, Iowa, at 2400-2500 SE 16th St, zip code 50010. The property boasts a highly desirable HOC zoning designation, making it suitable for a variety of commercial ventures. Priced at $1,137,000, this represents a land value of $370,358 per acre. Its strategic location offers unparalleled visibility and accessibility. The property enjoys significant frontage along Highway 30, totaling 170 feet, and benefits from its proximity to Interstate 35, ensuring high traffic volume and excellent exposure. Furthermore, the surrounding area is characterized by a thriving mix of established restaurants and hotels, creating a vibrant and attractive environment for potential businesses. This presents a unique opportunity for developers seeking a prime location with strong growth potential in a bustling commercial corridor. The property's size and zoning make it suitable for a wide range of commercial developments, offering significant return on investment. Don't miss this chance to acquire a premier commercial land parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.