Property profile

1531 Airport Rd Ames, IA 50010

OFF-MARKET
Office buildings
Property ID
US25-0735698
11,902 SF 1.74 ac lot Built 1994
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Construction CONCRETE
Total area 11,902 SF
Lot 1.74 ac (75,830 SF)
Zoning code HOC
APN 09-15-174-020
UPID US25-0735698

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
  • Engineer
  • Physician
  • Food Processing Plant
  • Crisis Center Medical Clinic
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

1531 Airport Rd Ames, IA 50010-8211
Ames metro Census 1302 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
$725k
Blend (final) Blend
$1.11M

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1531 Airport Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message