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Property profile & analytics
OFF-MARKET Estimated value $1,695,000
Warehouses

1115 Bell Ave Ames, IA 50010-7703

10,000 SF 1.29 ac lot Built 2016
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0502957
Property summary
AI-generated overview

This Ames, Iowa property, located at 1115 S Bell Ave, 50010, offers 13,652 square feet of versatile space ideal for a single tenant. The building combines office and industrial functionality, catering to diverse business requirements. Its strategic location near Dayton Avenue, offering convenient access to I-80, ensures excellent accessibility and visibility. The property is classified as a traditional office building and presents a significant opportunity for businesses seeking a well-situated, spacious, and functional workspace. The single-tenant occupancy allows for complete customization and control over the space. This property is situated in Ames, Iowa, a thriving community offering a strong workforce and a supportive business environment. The precise blend of office and industrial space makes it suitable for a wide range of operations, from administrative functions to light manufacturing or warehousing. Given its size and location, this property represents a compelling investment opportunity for businesses seeking to establish or expand their operations in a strategic location within Ames. The property's address is easily accessible via major roadways, providing convenient commutes for employees and clients alike. The building's layout is designed to maximize efficiency and functionality, offering a productive environment for any business.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2016
Total area 10,000 SF
Lot 1.29 ac (56,147 SF)
Zoning code GI
APN 10-07-310-060
UPID US25-0502957
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
AI Approach AI
$1.72M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$1.70M
Owner & transaction history
Stapedius Investments LLC · 4 yrs held
Stapedius Investments LLC
since 2022
Last sale
$1.6M
1 recorded transaction
2022
$1.6M
Zoning & alternative use
GI · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(a) Applicability. These standards apply to all zoning districts except General Industrial (GI), Research and Innovation (RI), Intensive Industrial (II), and Planned Industrial (PI). (Ord. No. 4517, 01-23-24) (b) Types of Fences. These standards apply to walls, fences, and screens of all types whether open, solid, wood, metal, wire, masonry, earthen, or othe…

Zone name General Industrial
General category INDUSTRIAL
Zone area 1,110.37 ac
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