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Property profile & analytics
OFF-MARKET Estimated value $3,975,000
Commercial kitchens

2100 Grn Hls Dr Ames, IA 50014-7898

148,996 SF 11.5 ac lot Built 1978
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US25-0506932
Property profile
Verified
Property type Commercial kitchens
Use group TAKE-OUT RESTAURANT
Year built 1978
Construction CONCRETE
Total area 148,996 SF
Lot 11.5 ac (500,900 SF)
Zoning code HOC
APN 09-16-280-060
UPID US25-0506932
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.98M
Owner & transaction history
Patricia M Thompson · 6 yrs held
Patricia M Thompson
since 2020
7 recorded transactions
2023
Price N/A
2020
Price N/A
2016
Price N/A
2014
$250,000
2013
$215,000
2013
$310,000
2013
$237,000
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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