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Property profile & analytics
OFF-MARKET
Bars & Pubs

206 Welch Ave Ames, IA 50014-7231

4,234 SF 0.2 ac lot Built 1964
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-0622157
Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1964
Construction CONCRETE
Total area 4,234 SF
Lot 0.2 ac (8,550 SF)
Zoning code CSC
APN 09-09-131-280
UPID US25-0622157
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
  • BNC Field House - Bar & Grill Restaurant
  • Ultimate Student Living Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Natalya LLC
Natalya LLC
since 2026
2 recorded transactions
2026
Price N/A
2018
Price N/A
Zoning & alternative use
CSC · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 29.809. “CSC” CAMPUSTOWN SERVICE CENTER. (1) Purpose. The Campustown Service Center (CSC) zone is intended to provide high- density development within an area of the city adjacent to Iowa State University. A broad range of uses is allowed to serve the needs of people who wish to be near ISU, including students and staff, and their families. Development…

Zone name Campustown Service Center
General category CIVIC_INSTITUTIONAL
Zone area 31.68 ac
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