Property summary
This exceptional Ames, IA industrial property, located at 2542 Bailey Ave, offers 12,800 square feet of versatile space, divisible into five units ranging from 2,400 to 12,800 square feet. The single-story, Class B building, constructed in 2024, boasts an 18-foot ceiling height, five drive-in doors, and ample parking (27 spaces). Each unit includes a finished drywall demising wall, a 12' x 12' office, an ADA-compliant restroom, a 200 AMP electrical panel, and a 14' x 14' overhead door. A significant electrical allowance ($10,000) covers wiring for the office and restroom, and a heating allowance ($5,000) provides for either a Rezner heater or mini-split system. Situated on a 1.36-acre lot with 235 feet of frontage, the property enjoys convenient access to Highway 30 and Interstate 35. The zoning is GI, and the APN is 05-36-250-010. This property is ideal for manufacturing, flex, or warehouse operations. The total property taxes are $2 per square foot. The entire 12,800 square feet is currently vacant.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight