2105 5th St Ames, IA 50010-6447
This exceptional industrial property, totaling 81,582 square feet, presents a unique investment opportunity in the SE Ames Business District. The property comprises three connected buildings, offering flexible leasing options to suit diverse operational needs. Each building can be leased separately, or combinations can be arranged to accommodate specific requirements. Buildings one and two, totaling 40,182 square feet, provide ample warehouse and light manufacturing space, complemented by 3,027 square feet of office space and a 5,662 square foot mezzanine featuring showroom, storage, and a large breakroom. Buildings two and three, encompassing 61,400 square feet, are also available for lease together, or building three (41,400 square feet) can be leased independently. The property boasts seven dock-high doors and three drive-in doors, ensuring efficient loading and unloading. A non-permanent structure with a drive-in door serves as a convenient holding and receiving area, directly accessible from building two. The property features a 28-foot ceiling height, 480V 3-phase power, and 26,100 square feet of concrete paving. Situated on 4.51 acres in Story County, this property benefits from its proximity to I-35 and Highway 30, offering excellent access to major transportation routes. The property is zoned GI-General Industrial and was built in 1995. The entire complex is heated. This versatile property is perfect for businesses seeking a flexible and strategically located industrial space.
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Bicycle Surplus Marketing & Advertising IT Consulting Firm
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CFG Logistics Warehouse & Storage
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GI · Ames, IAAmes. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.