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    Property profile & analytics

    2600 16th St Ames, IA 50010-6495

    • Hotels
    • 36,350 SF
    • 2.22 lot acres
    OFF-MARKET
    Value Estimation
    $1,225,000
    Last Sale
    Mar 03, 2021
    $1,325,000
    Location Intelligence
    Property ID
    US25-0691056
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Econo Lodge / Hotel

    Property Details for 2600 16th St

    Year built
    1985
    Lot size
    2.22 lot acres
    Property size
    36,350 SF
    Zone code
    HOC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    10-18-100-035
    APU
    1018100035

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,250,000
      6.5%
      $1,250,000
      7%
      $1,360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,220,000
      Geo Method
      $1,235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,215,000
      Retail
      $1,240,000
      Mixed-Use
      $1,275,000
      Hospitality
      $1,390,000
      Educational
      $1,530,000
      Residential Income
      $1,460,000
      Energy
      $1,530,000
      Income-Based Land
      $1,245,000
      Food Service
      $1,205,000

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.5785
    Latitude
    42.0079
    CBSA code
    11180
    CBSA name
    AMES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $67,078
    $527,000
    $1,977,800
    $2,504,800
    -
    $527,000
    $1,977,800
    $2,504,800

    Comparable in this City

    • Value Estimation by Request
      56,820 SF

      2100 16th St

      HOTEL/MOTEL • 56,820 SF
      2100 16th St, Ames, IA 50010-8021
      View Details
    • Value Estimation by Request
      61,577 SF

      1523 Dayton Pl

      HOTEL/MOTEL • 61,577 SF
      1523 Dayton Pl, Ames, IA 50010-6429
      View Details
    • Value Estimation by Request
      33,232 SF

      2507 16th St

      HOTEL/MOTEL • 33,232 SF
      2507 16th St, Ames, IA 50010-6971
      View Details
    • Value Estimation by Request
      44,229 SF

      2500 University Blvd

      HOTEL/MOTEL • 44,229 SF
      2500 University Blvd, Ames, IA 50010-8621
      View Details
    • Value Estimation by Request
      23,138 SF

      1605 Dayton Pl

      HOTEL/MOTEL • 23,138 SF
      1605 Dayton Pl, Ames, IA 50010-6463
      View Details
    • Value Estimation by Request
      19,882 SF

      229 Duff Ave

      HOTEL/MOTEL • 19,882 SF
      229 Duff Ave, Ames, IA 50010-6641
      View Details

    Similar Nearby for Sale

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      Ames Commercial Land - 0.7 Acres

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    • Contact for pricing
      Pending

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      Highly tillable land near Ames with productive soils.
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    Similar Nearby for Lease

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      Ames Commercial Buildings For Sale

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    • $18 SF/Yr
      6,707 SF

      Retail/Office Space For Rent

      Retail or office suites available with negotiable tenant improvements.
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      Ames, IA: New Flex Warehouse Space
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    • $9 SF/Yr
      2,907 SF

      Stand-Alone Office Building For Rent

      Stand-alone office building with excellent access off I-35.
      2825 E 13Th St, Ames, IA 50010
      View Details

    Property Visit Statistics

    • Visits by month
      2.7k
    • Visitors by month
      721
    • Avg Time on site
      383 min
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    Ames, IA 50010-6495
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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