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    Property profile & analytics

    405 Main St Ames, IA 50010-6149

    • Banks
    • 6,204 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0599966
    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

    • U.S. Bancorp Investments - Financial Advisors: Michael Garner / Financial Planner / Financial Consultant
    • U.S. Bank Branch / Bank
    • US Bank Mortgage / Mortgage Broker
    • U.S. Bank: Bonnie Brown / Mortgage Lender
    • U.S. Bank-Michelle Fullerton-Mortgage Loan Officer / Mortgage Lender

    Property Details for 405 Main St

    Year built
    1962
    Construction
    CONCRETE
    Lot size
    0.29 lot acres
    Property size
    6,204 SF
    Zone code
    DSC
    Property type
    Banks
    APN
    09-02-354-040
    APU
    902354040

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.6157
    Latitude
    42.0254
    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
    $25,120
    $264,100
    $719,400
    $983,500
    -
    $264,100
    $719,400
    $983,500

    Comparable in this City

    • Value Estimation by Request
      14,099 SF

      424 Main St

      FINANCIAL BUILDING • 14,099 SF
      424 Main St, Ames, IA 50010-6150
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    • Value Estimation by Request
      2,750 SF

      2406 Grand Ave

      FINANCIAL BUILDING • 2,750 SF
      2406 Grand Ave, Ames, IA 50010-4602
      View Details
    • Value Estimation by Request
      19,402 SF

      411 Main St

      FINANCIAL BUILDING • 19,402 SF
      411 Main St, Ames, IA 50010-6149
      View Details
    • Value Estimation by Request
      26,996 SF

      405 5th St

      FINANCIAL BUILDING • 26,996 SF
      405 5th St, Ames, IA 50010-6103
      View Details
    • Value Estimation by Request
      2,138 SF

      2615 Grand Ave

      FINANCIAL BUILDING • 2,138 SF
      2615 Grand Ave, Ames, IA 50010-4600
      View Details
    • Value Estimation by Request
      3,474 SF

      2811 13th St

      FINANCIAL BUILDING • 3,474 SF
      2811 13th St, Ames, IA 50010-8610
      View Details

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    Similar Nearby for Lease

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      Retail space available for sublease on Lincoln Way.
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    • $18 SF/Yr
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      Retail or office suites available with negotiable tenant improvements.
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    • $20 SF/Yr
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      Ames Restaurant Space Available

      Restaurant space for lease in a vibrant Ames location.
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      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

    Property Visit Statistics

    • Visits by month
      8.4k
    • Visitors by month
      5.2k
    • Avg Time on site
      12 min
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    405 Main St
    Ames, IA 50010-6149
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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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