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    111 Lynn Ave Ames, IA 50014-7191
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    Property profile & analytics

    111 Lynn Ave, Ames, IA 50014-7191

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    • High-rise multifamily apartments
    • 105,550 SF
    • 0.62 lot acres
    Off-Market
    Last Sale Dec 3, 2021
    $41,535,000
    Property ID
    US25-2393411
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $40,230,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • SMART SERVICES CORPORATION / (Bike/Boat/Book/etc) Store / Corporate Office
    • USPS Mail Drop Box / Courier Service / Postal Service

    Property Details for 111 Lynn Ave

    Year built
    1966
    Lot size
    0.62 lot acres
    Zone code
    CSC
    Property type
    High-rise multifamily apartments
    APN
    09-09-200-046
    APU
    909200046

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 3, 2021 $41,535,000 Sz Ames Apartments LLC Cyclone Inns LLC Special Warranty Deed —

    Description

    University Towers, located at 111 Lynn Ave in Ames, Iowa, 50014, offers a unique opportunity to lease 4,000 square feet of first-floor mixed-use space. This property is part of a larger 106,350 square foot building zoned for multi-residential use within Story County. The space is ideal for executive office use, fitting the "Executive Office" subtype designation. The building itself features a multi-tenant occupancy, providing a vibrant and collaborative environment. The available space is currently vacant and ready for immediate occupancy. This prime Ames location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving community. The property's mixed-use zoning allows for flexibility in tenant operations, catering to a variety of business needs. Interested parties are encouraged to inquire about lease terms and explore the possibilities this exceptional space presents. The address is easily accessible via major roadways and is situated in a well-established area of Ames. This is a rare opportunity to secure high-quality commercial space in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $37,625,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.6468
    Latitude
    42.0219
    CBSA code
    11180
    CBSA name
    AMES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $110,076
    $1,161,300
    $6,589,400
    $7,750,700
    -
    $1,161,300
    $6,589,400
    $7,750,700
    More about this property
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