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Property profile & analytics
OFF-MARKET Estimated value $270,000
Strip malls

217 Welch Ave Ste 101 Ames, IA 50014-2505

1,588 SF 0.02 ac lot Built 2004
Entity Owned Free & Clear
Property ID
US25-0548037
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 1,588 SF
Lot 0.02 ac (896 SF)
Zoning code CSC
APN 09-09-128-500
UPID US25-0548037
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
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k
Owner & transaction history
CAMPUS INVESTORS 217 WELCH LLC
CAMPUS INVESTORS 217 WELCH LLC
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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