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Property profile & analytics
OFF-MARKET
Land

525 16Th St Ames, IA 50010

33 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 33 ac (1,437,480 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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