Property profile

1627 High Ave Ames, IA 50010

OFF-MARKET
Flex space
Property ID
US25-0581775
7,700 SF 0.66 ac lot Built 1987
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1987
Construction FRAME
Total area 7,700 SF
Lot 0.66 ac (28,613 SF)
Zoning code HOC
APN 09-14-200-095
UPID US25-0581775

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
  • Church

Location

1627 High Ave Ames, IA 50010-8055
Ames metro Census 1000 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
by Request
Blend (final) Blend
$505k

Owner & transaction history

since 2005
3 recorded transactions
2022
Price N/A
2017
Price N/A
2005
$275,000

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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