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Property profile & analytics
OFF-MARKET Estimated value $240,000
Commercial land

328 Gilchrist St Ames, IA 50010

3,600 SF 0.25 ac lot Built 1956
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0608288
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1956
Total area 3,600 SF
Lot 0.25 ac (10,825 SF)
Zoning code DGC
APN 09-02-358-190
UPID US25-0608288
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
$240k
Owner & transaction history
Away Team LLC · 2 yrs held
Away Team LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
DGC · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 29.1004. "DGC" DOWNTOWN GATEWAY COMMERCIAL The Downtown Gateway Commercial Zoning District (DGC) is established to implement the vision and objectives of the Lincoln Way Corridor Plan and more specifically for the Downtown Gateway Focus Area. The City of Ames finds that implementation of the DGC will facilitate redevelopment of the area consistent with…

Zone name Downtown Gateway Commercial Area
General category COMMERCIAL
Zone area 31.16 ac
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