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Financial
Distress signals
Property profile

2108 Isaac Newton Dr Ames, IA 50010

FOR SALE
Grocery and convenience stores
Property ID
US25-0575169
7,926 SF 3.2 ac lot Built 2003
Last sale Feb 2012 · $2,400,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This end-cap, second-generation restaurant space is configured for quick-service use and includes a drive-thru window. The space is situated at the southeast corner of Isaac Newton Drive and South Dayton Avenue in Ames. The building provides monument signage and signage on two sides, supporting visibility from multiple directions. The site includes access to a shared grease interceptor with the adjacent Maverik.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$81k
Tax billed · 2023
Assessed value · 2024$3.01M
Assessed land$1.07M
Assessed improvement$1.95M
Effective rate2.69%

Value estimate

· Oct 2026
$780k
$702k – $858k
Submarket $/SF estimate$780k
NOI build-up
Gross scheduled income$120k
Vacancy & credit loss−$10k
Operating expenses−$27k
NOI · 2.87% cap applied$82k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2.87%
$82k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HOC
The Highway Oriented Commercial Zone is intended to allow auto accommodating commercial development in areas already predominantly develo...
General categoryCOMMERCIAL
JurisdictionSTORY

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.6
Parking Facility8.3
Pawn Shop8.3

Location

2108 Isaac Newton Dr Ames, IA 50010
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2617 Northridge, Ames, IA 50010-4086 $645,000 Jun 2023 4,200 SF
410 Douglas, Ames, IA 50010-6264 $225,000 Aug 2021 4,730 SF
100 16th, Ames, IA 50010-8010 $3,350,000 Apr 2021 12,494 SF
1910 Isaac Newton, Ames, IA 50010-8252 $1,850,000 Jan 2021 10,885 SF
411 Kellogg, Ames, IA 50010-6225 $292,500 Mar 2020 4,563 SF
121 Main, Ames, IA 50010-6361 $208,000 Dec 2018 4,250 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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