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Property profile & analytics
OFF-MARKET Estimated value $250,000
Commercial land

1498 16th St Ames, IA 50010-5112

11.1 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US25-0607829
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 11.1 ac (483,682 SF)
Zoning code A
APN 09-13-100-225
UPID US25-0607829
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
DEERY, DEERY & DEERY LLC
DEERY, DEERY & DEERY LLC
Zoning & alternative use
A · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(a) More than one principal building may be erected on a lot in an agricultural, commercial, industrial or special purpose zoning district, provided that all setbacks from the exterior property lines otherwise required for a single principal building are observed. The distances between buildings internal to the site shall be determined by the provisions of t…

Zone name Agricultural
General category RESIDENTIAL
Zone area 2,091.66 ac
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