Financial
Distress signals
Property profile

216 Alexander Ave Ames, IA 50010

OFF-MARKET
Warehouses
Property ID
US25-0502047
7,600 SF 1.56 ac lot Built 1992
Last sale Aug 2011 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Mortgages

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?
$11k
Tax billed · 2023
Assessed value · 2024$461k
Assessed land$150k
Assessed improvement$312k
Effective rate2.32%

Value estimate

· Sep 2026
$320k
$288k – $352k
CAP approach$605k
Submarket $/SF estimate$456k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$55 – $175

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GI
This Zone is intended to provide a limited development review procedure, involving only developer and staff coordinated efforts to satisf...
General categoryINDUSTRIAL
JurisdictionSTORY

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.2
Pawn Shop8.2
Parking Facility8.2

Location

216 Alexander Ave Ames, IA 50010-6476
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
125 Kitty Hawk, Ames, IA 50010-8464 $2,540,000 Jun 2025 10,955 SF
223 Sondrol, Ames, IA 50010-9108 $1,498,785 Jan 2024 7,200 SF
201 Sondrol, Ames, IA 50010 $325,000 Aug 2023 5,040 SF
1319 Lincoln, Ames, IA 50010 $1,300,000 Feb 2023 6,000 SF
114 Sumner, Ames, IA 50010-6668 $142,500 Aug 2022 6,000 SF
1914 Lincoln, Ames, IA 50010-6546 $275,000 Feb 2022 6,600 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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