Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2825 E 13Th St Ames, IA 50010
    Back to Search
    Property profile & analytics

    2825 E 13Th St, Ames, IA 50010

    View on Map
    • Drive through restaurants
    • 2,856 SF
    • 1.23 lot acres
    For Lease
    $9 SF/Yr
    View Listing →
    Stand-Alone Office Building For Rent For Lease
    $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
    View Listing
    Property ID
    US25-0295672
    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.
    Value Estimations
    $845,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 2825 E 13Th St

    Year built
    2013
    Lot size
    1.23 lot acres
    Zone code
    HOC
    Property type
    Drive through restaurants
    APN
    06-31-375-030
    APU
    631375030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 1, 2023 — Om Shree Satyanarayan LLC — Deed · related $16M · Old National Bank
    Sep 21, 2022 $900,000 Om Shree Satyanarayan LLC Dcr7ia LLC Special Warranty Deed —
    Aug 24, 2021 — Dcr7s1il LLC Faa Enterprises INC Warranty Deed —
    Dec 23, 2015 $250,000 Faa Enterprises INC Turn Key Investments LLC Warranty Deed —
    Dec 19, 2012 $225,000 Turn Key Investments LLC Bradley J Olson Warranty Deed $215k · First National Bank Ames Iowa

    Description

    This exceptional 2,907-square-foot single-tenant office building is ideally situated in Ames, Iowa, at 2825 E 13th St, zip code 50010. Constructed in 1980, this one-story, free-standing building offers a convenient and functional workspace. The property boasts excellent access to Interstate 35, ensuring easy commuting for employees and clients. Ample parking is available on-site, eliminating parking concerns. The building features a well-established office layout, ready for immediate occupancy. There is no load factor, making the space even more attractive. Opportunities for building signage are also available, providing excellent visibility for your business. The location benefits from proximity to a variety of amenities, including Cabin Coffee Co., Kum & Go, Jimmy John's, Arby's, and Pizza Ranch, offering convenience for employees and visitors. Furthermore, the property is surrounded by established businesses such as River Valley Credit Union, National Animal Disease Center, Danfoss, and Great Iowa Credit Union Operations Center, creating a thriving business environment. This property presents a unique opportunity for a business seeking a well-located, functional, and readily available office space in Ames, Iowa.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $785,000
      ML approach
      $795,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.5734
    Latitude
    42.0351
    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
    $30,450
    $330,400
    $846,400
    $1,176,800
    -
    $330,400
    $846,400
    $1,176,800

    Comparable in this City

    • Value Estimation by Request
      4,514 SF

      525 Gilchrist St

      DRIVE-THRU RESTAURANT, FAST FOOD
      525 Gilchrist St, Ames, IA 50010-3356
      View Details
    • Value Estimation by Request
      2,614 SF

      436 Duff Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      436 Duff Ave, Ames, IA 50010-6602
      View Details
    • Value Estimation by Request
      4,544 SF

      129 Duff Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      129 Duff Ave, Ames, IA 50010-6639
      View Details
    • Value Estimation by Request
      2,660 SF

      716 Duff Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      716 Duff Ave, Ames, IA 50010-6810
      View Details
    • Value Estimation by Request
      4,726 SF

      230 Duff Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      230 Duff Ave, Ames, IA 50010-6642
      View Details
    • Value Estimation by Request
      1,960 SF

      3701 Stange Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      3701 Stange Rd, Ames, IA 50010-3907
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Divisible Commercial Building with Overhead Doors

      Divisible commercial building with loading access and storefront windows.
      2542 Bailey Ave, Ames, IA 50010
      View Details
    • $375,000
      Pending

      Downtown Ames Mixed-Use Opportunity

      Mixed-use property in vibrant downtown Ames near amenities.
      223 Main St, Ames, IA 50010
      View Details
    • Contact for pricing

      Ames Commercial Land Opportunity

      Prime 3-acre commercial lot near I-35 & US Hwy 30.
      2400 SE 16Th St, Ames, IA 50010
      View Details
    • $375,000
      1.00 Acre

      Ames Commercial Land For Sale

      High-visibility commercial land in front of fitness center in Ames.
      3610 University Blvd, Ames, IA 50010
      View Details
    • $1,430,000
      7.50 Acres

      Ames Development Land Opportunity

      7.5 acres of prime development land near Iowa State.
      26107 530Th Ave, Ames, IA 50010
      View Details
    • $2,295,000
      59,301 SF

      New Flex/Warehouse Building in Ames

      12,800 SF flex/warehouse building with easy highway access.
      2542 Bailey Ave, Ames, IA 50010
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,200 SF

      Retail Space in Ames Corridor

      Retail spaces available in high-traffic Ames retail corridor.
      215 South 16Th St, Ames, IA 50010
      View Details
    • $20 SF/Yr
      1,760 SF

      Restaurant Space with Drive-Thru

      End-cap restaurant space with drive-thru available for lease.
      2108 Isaac Newton Dr, Ames, IA 50010
      View Details
    • Contact for pricing
      7,588 SF

      Restaurant Space Near Iowa State

      7,588 SF restaurant space near Iowa State University campus.
      2601 E 13Th St, Ames, IA 50010
      View Details
    • Contact for pricing
      3,000 SF

      Downtown Space Near Tom Evan's Park

      3000 sq ft space suitable for bar, retail, or office.
      400 Main St, Ames, IA 50010
      View Details
    • Contact for pricing

      Downtown Space for Lease

      3000 sq ft space suitable for bar, retail, or office.
      400 Main St, Ames, IA 50010
      View Details
    • $16 SF/Yr
      3,040 SF

      Retail Space Available For Lease

      Retail property with 5340 square feet available for lease.
      1311 Buckeye Ave, Ames, IA 50010
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2825 E 13Th St
    Ames, IA 50010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2825 E 13Th St, Ames, IA, 50010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!