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    Property profile & analytics

    128 Lincoln Way Ames, IA 50010-3324

    • Retail space
    • 7,708 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 23, 2020
    Location Intelligence
    Property ID
    US25-0509535
    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.

    Current Use by Public Records

    • Alfred's Carpet & Decorating / Tile Store / Flooring Store

    Property Details for 128 Lincoln Way

    Year built
    1946
    Lot size
    0.50 lot acres
    Property size
    7,708 SF
    Zone code
    HOC
    Property type
    Retail space
    APN
    09-11-127-010
    APU
    911127010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.6118
    Latitude
    42.0226
    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
    $24,634
    $669,400
    $296,500
    $965,900
    -
    $669,400
    $296,500
    $965,900

    Comparable in this City

    • Value Estimation by Request
      889 SF

      124 Main St

      RETAIL STORES (PERSONAL SERVICES) • 889 SF
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      650 SF

      113 Main St

      RETAIL STORES (PERSONAL SERVICES) • 650 SF
      113 Main St, Ames, IA 50010-6359
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      599 SF

      118 Main St

      RETAIL STORES (PERSONAL SERVICES) • 599 SF
      118 Main St, Ames, IA 50010-6360
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    • Value Estimation by Request
      5,227 SF

      2707 Stange Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,227 SF
      2707 Stange Rd, Ames, IA 50010-3965
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    • Value Estimation by Request
      6,822 SF

      814 Duff Ave, Unit 816

      RETAIL STORES (PERSONAL SERVICES) • 6,822 SF
      814 Duff Ave, Ames, IA 50010-6812
      View Details
    • Value Estimation by Request
      114,744 SF

      120 Airport Rd

      RETAIL STORES (PERSONAL SERVICES) • 114,744 SF
      120 Airport Rd, Ames, IA 50010-8203
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $20 SF/Yr
      14,333 SF

      Retail Space on Lincoln Way

      Retail space available for sublease on Lincoln Way.
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    • $14 SF/Yr
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      Ames Retail Space: The Edge

      Prime Ames retail, multiple suites available.
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    • $18 SF/Yr
      6,707 SF

      Retail/Office Space For Rent

      Retail or office suites available with negotiable tenant improvements.
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    • $20 SF/Yr
      7,182 SF

      Ames Restaurant Space Available

      Restaurant space for lease in a vibrant Ames location.
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    • Contact for pricing
      75,000 SF

      Ames Mixed-Use Development Opportunity

      Prime Ames location, near ISU
      0 Jack Trice Way, Ames, IA 50010
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    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      2.0k
    • Avg Time on site
      8 min
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    128 Lincoln Way
    Ames, IA 50010-3324
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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