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Property profile & analytics
OFF-MARKET
Warehouses

2542 Bailey Ave Ames, IA 50010

2,400 SF 1.36 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional Ames, Iowa industrial property, located at 2542 Bailey Ave, offers five versatile units totaling 2,400 to 12,800 square feet. Each unit boasts a 14' x 14' overhead door for convenient loading and a separate pedestrian door. The modern exterior features a striking combination of metal and brick veneer, complemented by large storefront windows for optimal visibility. Built in 2024, this single-story building sits on a 1.36-acre lot (APN: 05-36-250-010) and is zoned GI-General Industrial. The interior features high ceilings (18 feet), providing ample vertical space. Energy efficiency is maximized with R40 roof insulation, R30 purlin insulation, and R19 in the 6" exterior walls. Robust electrical capacity is ensured with an 800 AMP, 3-phase service, and each unit includes a dedicated 200 AMP meter. This property presents a unique opportunity for investors seeking a high-quality, multi-tenant industrial space in a prime Ames location. The property is currently vacant and available for lease under a NNN lease structure. Five dock-high doors provide efficient loading and unloading capabilities. This is a turn-key opportunity in a thriving market.

Property profile
Verified
Property type Warehouses
Year built 2024
Total area 2,400 SF
Lot 1.36 ac (59,242 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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