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    Property profile & analytics

    1315 Dayton Ave Ames, IA 50010

    • Retail space
    • 88,628 SF
    • 10.01 lot acres
    For Sale
    View listing
    $283,140
    Value Estimation
    Location Intelligence
    Property ID
    US25-0606376
    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

    • Theisen's Home Farm Auto of Ames / Department Store / Auto Parts Store
    • TNT Fireworks / Fireworks Store / Store

    Property Details for 1315 Dayton Ave

    Year built
    2006
    Construction
    CONCRETE
    Lot size
    10.01 lot acres
    Property size
    88,628 SF
    Zone code
    HOC
    Property type
    Retail space
    APN
    09-12-451-010
    APU
    912451010

    Description

    This exceptional 2.02-acre commercial land parcel is ideally situated at 1315 S Dayton Ave in Ames, Iowa, zip code 50010. The property boasts a highly desirable location, surrounded by a thriving mix of residential and commercial establishments. Densely populated neighborhoods, numerous apartment complexes, and a variety of businesses create a high-traffic environment, ensuring excellent visibility and accessibility for any future development. The strategic location offers convenient access to State Highway 30, within a 5-minute radius, providing seamless connectivity to major transportation routes. Nearby businesses include a diverse range of amenities, such as Theisen's Home Farm & Auto, Staybridge Suites, Kum & Go, Subway, El Azteca, Kwik Star, Fairfield Inn & Suites, SpringHill Suites, Hampton Inn & Suites, and TownePlace Suites by Marriott, further enhancing the property's appeal and potential. This prime commercial land presents a unique opportunity for investors and developers seeking a high-growth area with significant development potential. The asking price for this exceptional property is $283,140. The property is located in Story County.

    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
    -93.588
    Latitude
    42.0112
    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
    $178,964
    $555,000
    $6,006,400
    $6,561,400
    -
    $555,000
    $6,006,400
    $6,561,400

    Comparable in this City

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      814 Duff Ave, Unit 816

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    • Value Estimation by Request
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      120 Airport Rd

      RETAIL STORES (PERSONAL SERVICES) • 114,744 SF
      120 Airport Rd, Ames, IA 50010-8203
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    1315 Dayton Ave
    Ames, IA 50010
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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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