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Property profile & analytics
OFF-MARKET Estimated value $1,265,000
Warehouses

1319 Lincoln Way Ames, IA 50010

6,000 SF 1.11 ac lot Built 2002
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US25-0506052
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2002
Construction FRAME
Total area 6,000 SF
Lot 1.11 ac (48,222 SF)
Zoning code GI
APN 09-01-350-085
UPID US25-0506052
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
Current use
Occupant on record · Public records
  • East Lincoln Way Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
$925k
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.27M
Owner & transaction history
Wishbone Rentals LLC · 3 yrs held
Wishbone Rentals LLC
since 2023
Last sale
$1.3M
1 recorded transaction
2023
$1.3M
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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