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    Property profile & analytics

    203 Welch Ave Ames, IA 50014-7230

    • Grocery and convenience stores
    • 2,520 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0578285
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kum & Go / Gas Station / Convenience Store
    • Amazon Hub Counter - KUM & GO #0216 / Mailing Service / E-Commerce Service
    • Western Union / Money Transfer Service

    Property Details for 203 Welch Ave

    Year built
    1981
    Lot size
    0.21 lot acres
    Property size
    2,520 SF
    Zone code
    CSC
    Property type
    Grocery and convenience stores
    APN
    09-09-128-090
    APU
    909128090

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.6504
    Latitude
    42.0212
    CBSA code
    11180
    CBSA name
    AMES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,474
    $591,300
    $296,300
    $887,600
    -
    $591,300
    $296,300
    $887,600

    Comparable in this City

    • Value Estimation by Request
      6,155 SF

      4506 Lincoln Way

      CONVENIENCE STORE • 6,155 SF
      4506 Lincoln Way, Ames, IA 50014-3471
      View Details
    • Value Estimation by Request
      7,938 SF

      4510 Mortensen Rd

      CONVENIENCE STORE • 7,938 SF
      4510 Mortensen Rd, Ames, IA 50014-5539
      View Details
    • Value Estimation by Request
      5,006 SF

      3720 Lincoln Way

      GROCERY, SUPERMARKET • 5,006 SF
      3720 Lincoln Way, Ames, IA 50014-3401
      View Details
    • Value Estimation by Request
      100,588 SF

      3800 Lincoln Way

      GROCERY, SUPERMARKET • 100,588 SF
      3800 Lincoln Way, Ames, IA 50014-3402
      View Details
    • Value Estimation by Request
      3,344 SF

      4018 Lincoln Way

      CONVENIENCE STORE • 3,344 SF
      4018 Lincoln Way, Ames, IA 50014-3417
      View Details
    • Value Estimation by Request
      1,550 SF

      1635 Amherst Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,550 SF
      1635 Amherst Dr, Ames, IA 50014-3925
      View Details

    Similar Nearby for Sale

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      Land for sale in an innovative village-style neighborhood.
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    Similar Nearby for Lease

    • $16 SF/Yr
      750 SF

      Ames Campustown Retail/Office Space

      Retail or office space in high-traffic Campustown location.
      207 Stanton Ave, Ames, IA 50014
      View Details
    • Contact for pricing
      900 SF

      Retail Space in Ames, Iowa

      Retail space available for rent in Ames, Iowa.
      200 Stanton Ave, Ames, IA 50014
      View Details
    • $18 SF/Yr
      3,300 SF

      Retail Space Available For Rent

      Retail space available for lease in Ames, Iowa.
      216 Stanton Ave, Ames, IA 50014
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Ames, Iowa

      Retail space available for lease in Ames, Iowa.
      215 Stanton Ave, Ames, IA 50014
      View Details
    • $12 SF/Yr
      5,300 SF

      Ames Restaurant Space Available

      Prime Ames location, flexible space options.
      2311 Chamberlain St, Ames, IA 50014
      View Details
    • $12 SF/Yr
      106,350 SF

      Ames Executive Office Space

      Prime Ames location, 4,000 sq ft available.
      111 Lynn Ave, Ames, IA 50014
      View Details

    Property Visit Statistics

    • Visits by month
      12.2k
    • Visitors by month
      10.9k
    • Avg Time on site
      12 min
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    203 Welch Ave
    Ames, IA 50014-7230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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