Property profile

1509 Baltimore Dr Ames, IA 50010

OFF-MARKET
Office buildings
Property ID
US25-0537835
16,149 SF 5.51 ac lot Built 2016
Individually Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2016
Total area 16,149 SF
Lot 5.51 ac (239,874 SF)
Zoning code HOC
APN 05-36-476-040
UPID US25-0537835

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Credit Union

Location

1509 Baltimore Dr Ames, IA 50010-8783
Ames metro Census 101 AMES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.10M
Blend (final) Blend
$1.76M

Owner & transaction history

since 2015
1 recorded transaction
2015
$370,000

Zoning & alternative use

HOC · Ames, IA
Zoning description

zoned Highway Oriented Commercial “HOC” between Duff Avenue and South Dakota Avenue by allowing for a mixed commercial/residential use option. This Overlay preserves the primary use of the corridor for commercial uses wh…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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