525 16Th St Ames, IA 50010
This exceptional 33-acre commercial land parcel presents a remarkable investment opportunity in Ames, Iowa. Strategically located at 525 SE 16th Street, this property boasts unparalleled visibility from Highway 30, ensuring high traffic exposure for any commercial venture. Access is readily available from Dayton Avenue and South Duff Avenue, providing convenient ingress and egress. The property's zoning designation is HOC (Highway-Oriented Commercial), allowing for a wide range of development possibilities. Its prime location directly across from a Menards store guarantees high foot traffic and brand synergy. The surrounding area is thriving, with numerous established businesses including Home Goods, Scooters Coffee, Theisen's, Kum & Go, Kwik Star, and many other retail and professional establishments. The property's Assessed Parcel Number (APN) is 09-11-475-000. The asking price for this expansive tract is $4,325,000. The land is divisible, offering flexibility for developers seeking smaller parcels. This presents a unique chance to capitalize on the robust Ames commercial market and create a significant return on investment. The property is situated in Story County, Iowa, with a zip code of 50010.
Cap rate
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Property description
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