Financial
Distress signals
Property profile

118 Lincoln Way Ames, IA 50010

OFF-MARKET
Retail space
Property ID
US25-0711755
5,120 SF 0.2 ac lot Built 1963
Last sale Sep 2025 · $192,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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?
$11k
Tax billed · 2023
Assessed value · 2024$481k
Assessed land$186k
Assessed improvement$295k
Effective rate2.34%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$14 – $123

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

What can be built here?
HOC
The Highway Oriented Commercial Zone is intended to allow auto accommodating commercial development in areas already predominantly develo...
General categoryCOMMERCIAL
JurisdictionSTORY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.5
HVAC Service12.5
Convenience Store10.4

Location

118 Lincoln Way Ames, IA 50010-6658
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2617 Northridge, Ames, IA 50010-4086 $645,000 Jun 2023 4,200 SF
110 Airport, Ames, IA 50010-8209 $1,650,000 Apr 2022 3,995 SF
410 Douglas, Ames, IA 50010-6264 $225,000 Aug 2021 4,730 SF
411 Kellogg, Ames, IA 50010-6225 $292,500 Mar 2020 4,563 SF
319 Main, Ames, IA 50010-6147 $225,000 Apr 2019 3,000 SF
121 Main, Ames, IA 50010-6361 $208,000 Dec 2018 4,250 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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