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Property profile & analytics
OFF-MARKET Estimated value $245,000
Commercial land

219 Freel Dr Ames, IA 50010-6511

1.01 ac lot
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US25-0470404
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.01 ac (44,185 SF)
Zoning code GI
APN 09-12-200-100
UPID US25-0470404
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
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k
Owner & transaction history
Harold E Pike · 2 yrs held
Harold E Pike
since 2024
2 recorded transactions
2024
Price N/A
2024
Price N/A
Zoning & alternative use
GI · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(a) Applicability. These standards apply to all zoning districts except General Industrial (GI), Research and Innovation (RI), Intensive Industrial (II), and Planned Industrial (PI). (Ord. No. 4517, 01-23-24) (b) Types of Fences. These standards apply to walls, fences, and screens of all types whether open, solid, wood, metal, wire, masonry, earthen, or othe…

Zone name General Industrial
General category INDUSTRIAL
Zone area 1,110.37 ac
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