Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

406 Freel Dr Ames, IA 50010

OFF-MARKET
Warehouses
Property ID
US25-2306874
3,750 SF 1.29 ac lot Built 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value · 2024$433k
Assessed land$66k
Assessed improvement$366k
Effective rate2.29%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$305k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$55 – $175

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?
GI
This Zone is intended to provide a limited development review procedure, involving only developer and staff coordinated efforts to satisf...
General categoryINDUSTRIAL
JurisdictionSTORY

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.6
Bakery8.3
Pawn Shop8.3

Location

406 Freel Dr Ames, IA 50010-6531
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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2220 Lincoln, Ames, IA 50010-6567 $745,000 May 2025 4,500 SF
306 Washington, Ames, IA 50010 $300,000 Nov 2024 4,224 SF
219 Sondrol, Ames, IA 50010-9108 $1,498,785 Jan 2024 3,600 SF
303 Sondrol, Ames, IA 50010-9104 $1,498,786 Jan 2024 5,000 SF
57006 241st, Ames, IA 50010-9376 $775,000 Sep 2023 5,000 SF
2725 Frd, Ames, IA 50010-6441 $649,000 Sep 2022 5,000 SF
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 406 Freel Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved