413 3Rd St Ames, IA 50010
This exceptional 0.68-acre commercial lot is situated in the desirable Kingsbury Subdivision of Ames, Iowa, at 413 SE 3rd St, zip code 50010. The property, identified by APN 09-11-205-075, is zoned HOC and presents a remarkable opportunity for investors and developers. Its strategic location offers unparalleled visibility and accessibility, boasting proximity to a vibrant commercial hub. Within easy reach are prominent businesses such as Target, Chick-fil-A, McDonald's, and Panera Bread, ensuring high foot traffic and significant consumer presence. This prime location is ideal for a variety of commercial ventures, capitalizing on the established retail and professional landscape. The lot's size provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. This is one of three lots available in this highly sought-after area, making it a rare and valuable opportunity to secure a foothold in a thriving Ames commercial district. The asking price for this exceptional property is $179,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.