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Property profile & analytics
OFF-MARKET Estimated value $1,215,000
Office buildings

1519 Baltimore Dr Ames, IA 50010-8783

10,517 SF 2 ac lot Built 2017
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US25-0681664
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2017
Total area 10,517 SF
Lot 2 ac (87,108 SF)
Zoning code HOC
APN 05-36-476-060
UPID US25-0681664
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
  • Bolton & Menk Inc Civil Engineer Engineer
  • IFSMA Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$1.22M
Owner & transaction history
Ames Investor Group LLC · 9 yrs held
Ames Investor Group LLC
since 2016
2 recorded transactions
2017
Price N/A
2016
$165,000
Zoning & alternative use
HOC · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 while allowing for another housing option for the City of Ames residents and promotes high quality architectural design and compatibility with…

Zone name Highway Oriented Commercial
General category COMMERCIAL
Zone area 1,124.27 ac
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