Financial
Distress signals
Property profile

2400 SE 16Th St Ames, IA 50010

FOR SALE
Commercial land
View Listing
Property ID
US25-0703019
1.62 ac lot
Last sale May 2020 · $220,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a 3-acre commercial site in Ames, Iowa, positioned near Interstate 35 and U.S. Highway 30. Its location provides direct accessibility to major roadway corridors and is situated within a commercial area that includes nearby hotels, shopping, and dining amenities. The site is configured and marketed for a range of commercial uses, including retail centers, office space, restaurants, hotels, and light industrial development.

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?
$5k
Tax billed · 2023
Assessed value · 2024$218k
Assessed land$218k
Effective rate2.37%

Value estimate

· Sep 2026
$210k
$189k – $231k
AI approach$195k

Realmo valuation models over county records.

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?

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

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: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.3
Parking Facility8.2
HVAC Service7.8

Location

2400 SE 16Th St Ames, IA 50010
County assessor Recorded deeds · 1 transfer 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1420 Grand, Ames, IA 50010-5266 $2,500,000 Mar 2025 No data
1904 Philadelphia, Ames, IA 50010-8769 $350,000 Jul 2024 No data
805 2nd, Ames, IA 50010 $50,000 Jun 2024 No data
307 Freel, Ames, IA 50010-6513 $275,000 Mar 2022 No data
2015 Pullman, Ames, IA 50010-6551 $22,500 Feb 2022 No data
401 Freel, Ames, IA 50010-6514 $100,000 Nov 2021 No data
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message