Financial
Distress signals
Property profile

6008 Lincoln Way Ames, IA 50014

OFF-MARKET
Turn key restaurants
Property ID
US25-2402253
6,131 SF 1.14 ac lot Built 1956
Last sale Jun 2022 · $125,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Ames, Iowa commercial property, located at 6008 W Lincoln Way, presents a unique investment opportunity. The 6,131 square foot building, constructed in 1956, sits on over an acre of land in Boone County and is currently vacant. Previously configured as a restaurant and bar, the space features a full kitchen, multiple dining areas, two bar areas, a dedicated office, and party rooms. The adaptable layout lends itself to a variety of uses, including event centers, retail spaces, salons,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$233k
Assessed land$107k
Assessed improvement$126k
Effective rate1.18%

Value estimate

· Sep 2026
$125k
$113k – $138k
AI approach$95k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.0
Auto Parts Store8.7
Convenience Store8.6

Location

6008 Lincoln Way Ames, IA 50014-9528
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4723 Lincoln, Ames, IA 50014-3630 $2,250,000 Jun 2025 14,432 SF
3615 Lincoln, Ames, IA 50014-7534 $875,100 Apr 2024 4,800 SF
121 Welch, Ames, IA 50014-7228 $1,100,000 Apr 2022 4,810 SF
2522 Chamberlain, Ames, IA 50014-7272 $87,500 Mar 2022 2,964 SF
2530 Lincoln, Ames, IA 50014-7093 $250,000 Aug 2021 1,774 SF
3329 Lincoln, Ames, IA 50014-7528 $1,063,000 May 2019 6,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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