Property profile

1220 Southern Hls Dr Ames, IA 50010

OFF-MARKET
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Property ID
US25-0547257
4,800 SF 5.88 ac Built 1988
Last sale Jan 2018·$2,549,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a flex/commercial space constructed in 1988 with dimensions of approximately 20 feet by 30 feet, featuring an open interior plus a small office. The interior includes a half bath, concrete flooring, and a suspended ceiling, and it has an overhead garage door providing vehicle access and practical loading capability. The suite is located on Airport Road with access to South Duff Avenue (US Highway 69), as well as University Boulevard and US Highway 30, and the existing…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$76k
Tax billed · 2023
Assessed value · 2024$2.83M
Assessed land$950k
Assessed improvement$1.88M
Effective rate2.69%

Value estimate

· Nov 2026
$410k
$369k – $451k
AI approach$420k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$55 – $175

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?
GI
This Zone is intended to provide a limited development review procedure, involving only developer and staff coordinated efforts to satisf...
General categoryINDUSTRIAL
JurisdictionSTORY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Electrical Service10.1
Nail Salon10.0

Location

1220 Southern Hls Dr Ames, IA 50010-8200
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
2220 Lincoln, Ames, IA 50010-6567 $745,000 May 2025 4,500 SF
306 Washington, Ames, IA 50010 $300,000 Nov 2024 4,224 SF
303 Sondrol, Ames, IA 50010-9104 $1,498,786 Jan 2024 5,000 SF
57006 241st, Ames, IA 50010-9376 $775,000 Sep 2023 5,000 SF
201 Sondrol, Ames, IA 50010 $325,000 Aug 2023 5,040 SF
2725 Frd, Ames, IA 50010-6441 $649,000 Sep 2022 5,000 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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Includes: Price & PSF · Cap rate · Location · Zoning

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